Good Monday morning folks! This 2-min Stock Card Weekly Update ? is a recap of what our users requested and what the Stock Card team published lately.
Here's what's included in this issue:
Should you invest in Lyft?
What's better than investing in Lyft's IPO?
New Stock Cards published and updated last week
Should you invest in Lyft's IPO?
As of Friday, Lyft is a public company! Had the IPO been delayed by one working day to today, you could have called it an April's Fool day joke! Why? It's no surprise that the company is not profitable. However, it's surprising that based on the information they have provided, the company doesn't have a plan to become profitable anytime soon. The company’s current business model doesn’t work, but it gets a pass because of its aspirations in the emerging autonomous cars market! We talked about all the details in one of the latest episodes of Renegade Investors podcast. Have you listened to it?
P.S. We are waiting for the company’s information to become available through SEC so that we can publish its Stock Card. Stay tuned!
What's better than Lyft's IPO?
If you are still insisting on owning a piece of the Lyft's IPO action, consider some of the investors in Lyft. The company is backed up by several well-operated and profitable companies that will benefit from Lyft's success but won't drag your portfolio to the ground if the company's grandiose vision doesn't pan out. For example, Rakuten (ticker: RKUNY), Alphabet (ticker: GOOG/GOOGL), and even General Motors (ticker: GM) own quite big stakes in Lyft:
New Stock Cards published last week
Last week we published a few new Stock Cards and refreshed several others. When you log in to your Stock Card account look for the "new" and "update" flags on Stock Card search page. Or, click on any of the logos below to visit the Stock Card of the company that grabs your attention.
That's it for this edition! Have a great week, folks! Don't forget to share this blog post with your friends if you find it helpful, and connect with us to share your thoughts and ideas!