Is Lyft, Inc. (LYFT) A Good Stock To Buy Now?

Is LYFT a good stock to buy? We came across a bullish thesis on Lyft, Inc. on Valueinvestorsclub.com by crestone. In this article, we will summarize the bulls’ thesis on LYFT. Lyft, Inc.’s share was trading at $14.42 as of May 1st. LYFT’s trailing and forward P/E were 2.12 and 11.59 respectively according to Yahoo Finance.

Lyft, Inc. operates multimodal transportation networks that offer access to various transportation options through platform and mobile based applications in the...