Today, Gordon Reid and The Panic-Proof Portfolio (Stockchase Research) commented about whether GGAL-Q, EG-N, LPG-N, TMUS-Q, AZN-N, JNJ-N, IMXI-Q, UBER-N, MCK-N, BKNG-Q, FCX-N, CVS-N, PLTR-Q, NVDA-Q, CB-N, RTX-N, MRK-N, ELV-N, UNH-N, GOOG-Q, INTC-Q, ADBE-Q, TOL-N, C-N, JPM-N are stocks to buy or sell.
Super growth rate. Uber Eats is growing. They haven't monetized the 160 million users of their app, so ads will be a big part of their business. Shares are down now because of worries of Elon Musk so tied in with the incoming president. Good tech companies adapt, and Uber can adapt. Self-driving cars will massively increase the market for ride-sharing. Trades at only 26x PE 2025, not expensive.
(Analysts’ price target is $91.08)
He sold it 3 months ago after holding it a long time. Shares keep falling. They fired their CEO. On paper, this stock looked good--reasonable valuation and good growth prospects, but they could never execute. There was always one piece in the vertical integration that failed them. That's why he left. The shares look cheap now, but can get cheaper. This is a value trap.