2026 Stock Pick $UBER

This is a high-level qualitative analysis, approached with a "don't overthink it" mindset. Take it as such. 1. **Ride Hailing Monopoly** They have a monopoly on the ride-hailing market in the US. Lyft and taxis are not going away, but they are distant second players. 2. **Technical Lead** The infrastructure for optimal ride hailing is easy to prototype, but takes years of iteration to master. The traveling salesman problem is NP-complete for a reason. 3. **Price Incentives** They can increase their prices by 5 percent, and people will not leave. There is a limit to this, but I believe they are far from it. 4. **Autonomous Vehicle Opportunity** I worked at Waymo between 2020 and 2022. Their mission is to build the world's safest driver. Whether it is Waymo or someone else that nails this technology and drives adoption, Uber is a beneficiary. It compounds on top of the points above and does not take away from them. Even if Tesla or someone else turns on a fleet of robotaxis, I see this as a pie that grows rather than one taken away from Uber. 5. **Valuation** Uber is trading at a P/E of 10 and a valuation of $170B. In today's world, $170B is something people sneeze at. A brief look at their [valuation](https://www.morningstar.com/stocks/xnys/uber/valuation) and [key metrics](https://www.morningstar.com/stocks/xnys/uber/key-metrics) shows everything trending in the right direction. 6. **Leadership** Dara Khosrowshahi has been executing and driving, pun intended, the team on every front. Experienced, and balancing the many elements of managing and growing a complex business. No qualms, just trust.