Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Lyft, Inc. (LYFT): A Bull Case Theory 

We came across a bullish thesis on Lyft, Inc. on Emil Hartela Investing’s Substack. In this article, we will summarize the bulls’ thesis on LYFT. Lyft, Inc.'s share was trading at $20.64 as of October 21st. LYFT’s trailing and forward P/E were 98.30 and 19.34 respectively according to Yahoo Finance.

[caption id="attachment_946469" align="aligncenter" width="750"] paul-hanaoka-D-qq7W751vs-unsplash[/caption]

Lyft, a U.S.-based ride-hailing company, connects riders and drivers through its app while providing insurance coverage for trips. Historically, Lyft has grown steadily...