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 1^st. 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 United States and internationally. LYFT is presented as a compelling long opportunity as the market...