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Lyft (LYFT -2.64%) is a platform that connects third-party drivers with people needing a ride. When it comes to stocks that should be bought, I believe it's one of the market's best-kept secrets.
Consumer goods stocks might not get the hype that the tech sectors or other high-growth stocks get, but there are plenty of hidden gems in the industry as well as big winners.
Lyft (LYFT) closed the most recent trading day at $15.32, moving 2.17% from the previous trading session.
Matt Tuttle says there's no comparison between Uber (UBER) and Lyft (LYFT). He thinks Uber is a long-term hold and something to own for 5-years or more.
The retail investment community has become saturated with indicators and sophisticated methods for attempting to predict future stock prices, almost completely forgetting the tried-and-tested methodologies that have worked for decades in fundamental investment strategies.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
What’s the top ridesharing stock? In the segment below, 24/7 Wall St. Analyst Eric Bleeker breaks down the key differences between Alphabet‘s Waymo service and Tesla‘s new Robotaxi service that launched on June 22nd in Austin. Why are autonomous driving services suddenly in the news and how quickly could they be headed toward a city near you in the coming years? Key Points Waymo, a subsidiary of Alphabet (NASDAQ: GOOGL), has surpassed Lyft (NASDAQ: LYFT) in key ride-share markets and completed over 10 million rides, signaling rapid scaling and growing mainstream relevance. With Swiss Re data showing Waymo vehicles cause 90% fewer bodily injuries and 86% less property damage, the company’s safety advantage could drive regulatory and consumer adoption. Tesla (NASDAQ: TSLA) is emerging as Waymo’s main competitor, but its camera-only, lower-cost self-driving system may trail Waymo’s more complex and expensive sensor suite on safety, setting the stage for a techn
Lyft is now a value stock with growth dynamics, trading at a steep discount despite improving fundamentals and positive free cash flow. The company is expanding EBITDA margins and cash earnings at 25% annually, supported by a $750M buyback and strong net cash position. Risks include potential Uber price wars and regulatory changes, but Lyft's scale and market share make it resilient.
The amount of data thrown investors' way can be overwhelming at times. Between earnings season -- the six-week period where most S&P 500-listed companies report their quarterly operating results -- and economic releases from the U.S. government, it can be tough to stay on top of Wall Street's market-moving events.
Posting very pleasant gains amid the stock market's historic rebound, the extended rally in these top-rated internet stocks could continue.