Lyft, Inc. (LYFT): A Bull Case Theory

We came across a bullish thesis on Lyft, Inc. (LYFT) on High Growth Investing’s Substack by Stefan Waldhauser. In this article, we will summarize the bulls’ thesis on LYFT. Lyft, Inc. (LYFT)'s share was trading at $13.80 as of Jan 24^th. LYFT’s trailing and forward P/E were 0.90 and 17.04 respectively according to Yahoo Finance.

[caption id="attachment_1199954" align="aligncenter" width="768"] A ridesharing passenger and driver in a car, looking out the window in anticipation of their destination.[/caption]

Lyft, the ride-hailing company, has struggled to achieve the...