Mini deep dive on Uber (UBER)
Paid subscribers to Jonah’s Growth Stock Deep Dives receive ~2 deep dives per month (8,000+ words), ~2 mini deep dives per month (2,000+ words) and quarterly earnings commentary (on most of my portfolio companies) plus access to my investment portfolio (up +95.5% YTD in 2024, up +134.7% in 2023 and up +1,940% since January 2020) with real-time activity, real-time notes/commentary and all my charts throughout the day.
My investment strategy is to own 20-30 high-quality growth stocks with the best fundamentals at the most reasonable valuations — if the fundamentals begin to disappoint or the valuation no longer looks compelling I will trim or sell my position. I’m trying to own a portfolio of stocks that have at least 50% upside within 1-2 years and at least 100% upside within 3-4 years. If I buy stocks that are too expensive or the fundamentals aren’t good enough or my investment thesis is weak — then I’ll never hit my investment targets. My primary objective is to maximize my performance to the upside while minimizing losses and drawdowns to the downside. I accomplish this by being very selective in what I own but also using technical analysis, stop losses and hedges to protect my portfolio and profits when the markets are pulling back.
UBER — Uber — 5.42% position — $81.03 per share
Riding Uber from Cash Burn to Cash Cow: Mini Deep Dive on Uber
Uber shifted from significant cash burn to generating over $3 billion in free cash flow within two years, transforming into a cash generation machine.
The platform's cross-promotion strategy enhances user engagement and spending, particularly with the successful Uber One membership program.
Uber's diversification into delivery, advertising, and other areas, combined with AI-driven efficiencies, drive long-term growth and margin expansion.
Its unique multi-business model and strategic expansions position Uber as a potential leader in the tech sector and the S&P 500 for years to come.