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People look to Uber for convenience! Who will deliver the food to your door? Are we all going to wait for a tesla robot taxi (which doesn't even exist yet) while it charges its battery? There isn't even enough charging capacity yet for high demand, let alone regulation. These are just a few points, there are many more challenges.
Elon has been saying “next year” for robotaxi since 2016. A waymo vehicle costs a fortune. Tesla fanboys act like robotaxi will scale instantly. They also give zero chance that the Uber network will play a role in the future of autonomous which I find unlikely. I think Uber will do really well for the next few years. I find these narratives that a business will instantly be doomed to be silly. Remember when ChatGPT ruined google stock? Remember when the metaverse was the end of Meta stock?
@ I agree. However, for the next 2-3 years UBER is going to be a high growth earner on the top and bottom lines. These sensational articles acting like it’s a dead business instantly is silly.
The negative sentiment on UBER is unjustified. UBER did invest $100M in Moove, so they have equity in that company and will benefit from Waynmo's expansion in Florida. All these Autonomous vehicle companies have partnerships in some fashion with UBER for good reason. Autonomous vehicles are a long way off from mass adoption, just like electric vehicles. The reason is cost of vehicles and infastructure. Uber's cost is paying their drivers. Unlike Waynmo, they don't pay for the vehicles. I didn't even think of investing in UBER when they went public But they are clearly turning things around with their FCF growth and they have no net debt. I've added a position on this dip.I may add more if the irrationality pushes the price lower.
It is worth looking at CVS, which took a dive this week, along with many other "health" related stocks, after the murder of a medical insurance CEO made people jittery. I bought a bunch more CVS today based on the "be greedy when others are fearful" concept.
Another great video thank you! Got google may steer clear of Uber for that reason. If you have real estate stocks on your radar that would be appreciated WPC/ADC 🙌🙏🏻
I'm not concerned about something that "might" positively or negativity affect a business 10 years from now. This will be 3-5x by then if they continue the way they are. I'll cut at that time
🧮 Stock Valuation Model: www.buymeacoffee.com/dividendtalks/extras
☕️ Feel free to buy me a coffee: www.buymeacoffee.com/DIVIDENDTALKS
📰 Join the FREE weekly Newsletter: dividendtalks.substack.com/subscribe
Stock Tools I Use:
🚀 $30 OFF Seeking Alpha Premium:
www.sahg6dtr.com/29N4DP9/R74QP
🚀 50% OFF TipRanks:
www.tbg2jcftrk.com/262DXM/55M6S/
💬 Join the community in our Discord: www.patreon.com/DividendTalks
👋 Follow me on X: www.x.com/DividendTalks
Investing Platform I Use:
💰 Free shares up to £100 by joining Trading212:
www.trading212.com/invite/Gux0x99S
🏆 Become a member to get access to to perks:
ruclips.net/channel/UClLyc3C2K3C-RAh7eEJAwygjoin
People look to Uber for convenience! Who will deliver the food to your door?
Are we all going to wait for a tesla robot taxi (which doesn't even exist yet) while it charges its battery?
There isn't even enough charging capacity yet for high demand, let alone regulation. These are just a few points, there are many more challenges.
Elon has been saying “next year” for robotaxi since 2016. A waymo vehicle costs a fortune. Tesla fanboys act like robotaxi will scale instantly. They also give zero chance that the Uber network will play a role in the future of autonomous which I find unlikely. I think Uber will do really well for the next few years. I find these narratives that a business will instantly be doomed to be silly. Remember when ChatGPT ruined google stock? Remember when the metaverse was the end of Meta stock?
Tesla will put robotaxi here. All the news is primed for a mass conversion.
I agree but UBER has to adapt as well or eventually they will get left behind.
@ I agree. However, for the next 2-3 years UBER is going to be a high growth earner on the top and bottom lines. These sensational articles acting like it’s a dead business instantly is silly.
The negative sentiment on UBER is unjustified. UBER did invest $100M in Moove, so they have equity in that company and will benefit from Waynmo's expansion in Florida. All these Autonomous vehicle companies have partnerships in some fashion with UBER for good reason. Autonomous vehicles are a long way off from mass adoption, just like electric vehicles. The reason is cost of vehicles and infastructure. Uber's cost is paying their drivers. Unlike Waynmo, they don't pay for the vehicles. I didn't even think of investing in UBER when they went public But they are clearly turning things around with their FCF growth and they have no net debt. I've added a position on this dip.I may add more if the irrationality pushes the price lower.
Hi, what do you use to record your screen?
It is worth looking at CVS, which took a dive this week, along with many other "health" related stocks, after the murder of a medical insurance CEO made people jittery. I bought a bunch more CVS today based on the "be greedy when others are fearful" concept.
I thought it had to do with the government putting a spotlight on PBM and inconsistent net income
@@Daniel-ld3zi sure, that contributed partly to the drop in the past 24 hours, but CVS has been sliding since 4th December
@@AnthonyLauder aooo nice M-Pattern in the chart...Zoom out...maybe down to 30 USD?
@noname-yt7sk I don't look for "patterns" in charts, because they are as reliable as looking into crystal balls to see the future
CVS was good buy today!
Do u buy it now? When?
I brought some
do $UNH !
It’s coming in 1hr 😊
Another great video thank you! Got google may steer clear of Uber for that reason.
If you have real estate stocks on your radar that would be appreciated WPC/ADC 🙌🙏🏻
I'm not concerned about something that "might" positively or negativity affect a business 10 years from now. This will be 3-5x by then if they continue the way they are. I'll cut at that time
DT even you know that bolt is popular in the capital of the British empire and uber boat is a private rip off😅
$UBER on the yearly chart… Buy at $60, sell at $80?
Every time a new RoboTaxi service gets announced in a new City, UBER is gonna continue to drop.
Please use a higher discount rate on the DCF analysis. Something closer to 15%.