Uber Stock: The Most Overvalued Stock in the Market?

Hey guys! If you're new to the channel feel free to subscribe! A like and comment are also appreciated! In this video, we will be talking about why I personally believe UBER stock is the most overvalued stock in the market (I'm not a financial professional this is just my opinion and no trades/investments should be made based on this information, always consult a professional).

Uber has a lot of things I believe they need to overcome to justify the current market cap they've got. For starters, they still haven't made a profit yet UBER is valued more than Goldman Sachs, Ford, and GM! They've also got stiff current and upcoming competition in Google (Waymo), Lyft, etc. Lastly, and maybe most importantly, no current ride-sharing company has proven that it's a sustainable profit model, which means they might need to shift goals in order to start making a profit.

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