Uber (UBER)

Has broken down. Also seeing lower highs. Looks to be forming a descending triangle, which is not positive from a technical perspective. May start to see economic challenges. Not a preferred place to be.

Defined the category, expanded its footprint. Operating leverage is kicking in, margins are growing. Has turned itself into an earnings and free cashflow story. Dynamic grower. Miles (or kilometres ;) ahead of its competitor LYFT.

Shares are down over 13% the past month. Hold for the long term. This could fall to the low-$60s and he would consider picking up shares then. He's long owned this for himself and clients.

He likes it long term. He bought it for growth in industrials. Shares have been weak since the election, but he would be adding on current weakness. Trump is expected to end the EV tax credits, which is pressuring these shares, but this sentiment shall pass. Will Lyft continue to compete with them? He doesn't know.

He bought Uber in August 2023. It's still adding to this industrial stock and essentially to buy in this sector.

She just bought it last week at $73, then sold a January call and collected around $2.20 in premium for 3 months. Tesla and Uber have a good partnership. If you want to be an Uber driver, Tesla will give you $2,000 in credits to buy a Tesla. They are am algorithmic pair trade--when Tesla's robot day failed, Uber shares jumped.

Expecting driver less cars and automation to continue. Tech stack very strong on this company. Business model starting to generate cash . Years of capital investment have started to pay off. Share price is priced for value - good time to buy. Latest quarterly earnings very strong. Would recommend a partial position - can be risky. 

Right at potential support of 200-day MA, which makes it somewhat interesting. 33x forward PE, 40% growth rate, so the valuation looks interesting. Ride-sharing market is highly competitive. DoorDash + LYFT could be a headwind. Long term, he worries about autonomous vehicles and increased government regulation.

It is consolidating and going sideways. He doesn't know if it will break out. You could buy at the breakout or at the bottom where there is support for a swing trade.

Rumours last week that it may be looking to acquire EXPE. Had a good run, within 10% of price target. In the autonomous driving space he gravitates to GOOG, as it has Waymo and a heck of a lot more data.

It's now profitable. He bought it before this and before they entered the S&P 500. It has more room to run with many untapped opportunities, given that 100 million people use their app; is a massive opportunity in advertising. Uber Eats is gaining traction, and the Robotaxi by Tesla is promising. With driverless cars, Uber's market could explode.

He regrets not buying it, but can't dwell on that. Choppy, but on a pretty good trend. If you draw a linear regression line (in between the top and bottom), you can see the stock's going up. He got a fresh buy signal on this today. Could come back in the next month, but longer-term move looks quite positive. 

After 10 months, just now performing better than the S&P, and that's what you want.

A secular grower, will grow whether the economy's good or not. Really likes the technical setup, has a big base that's built over the last 10-12 months. In-app advertising is closing in on $1B revenue. Opportunity in autonomous vehicles and alternate types of delivery. Will grow cashflow and earnings significantly over the next 2-5 years. Market-share leader. No dividend.

They are blowing away former projections in free cash flow, $2 billion this year, but is $7.5 billion actually and $9.5 billion in 2025. The fundamentals are amazing. Definitely hold or own this. She doesn't like their 39x PE, but growth is so strong. She's trimmed it twice because it's such a huge holding for her.

Their advertising business is a hidden gem, an opportunity for ads given 100 million users on their app. Expects this to run much higher.