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Uber Technologies, Inc. (UBER): A Bull Case Theory

We came across a bullish thesis on Uber Technologies, Inc. (UBER) on Capitalist Letters’ Substack. In this article, we will summarize the bulls’ thesis on UBER. Uber Technologies, Inc. (UBER)'s share was trading at $82.79 as of 3rd June. UBER’s trailing and forward P/E were 14.45 and 30.03 respectively according to Yahoo Finance.

Uber is one of those rare generational companies—dominant in its industry, powered by robust fundamentals, and still sitting on a long runway for growth. Its evolution from UberCab to UberX unlocked exponential network density, a powerful lever for...