Thread regarding Uber (UBER)

Hold on to the stock?

Uber has shown sustainable growth and remains a favorite among analysts. Many are enthusiastic about its new products, such as Price Lock, Prepaid Pass, and the introduction of Shared Autonomous Rides. However, I’m concerned that lowering prices to stay competitive could ultimately hurt the stock.

Personally, I’m not a strong believer in autonomous vehicles unless they operate on rails. If the rollout isn’t smooth, it could become a financial burden. We’ve already seen examples of how poorly AV technology can perform.

The stock valuation appears reasonable, and Uber seems well positioned for continued growth. I’ll wait a bit longer before deciding whether to sell, unless there's an immediate threat to the stock’s value that I'm currently overlooking.

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