• Changing RCF's index page, please click on "Forums" to access the forums.

Stocks to Watch Thread

Do Not Sell My Personal Information
world is moving to EVs, Tesla is years ahead of everyone

Im actually leveraging those stocks above + Amazon for my sons college fund. I know there is certain risk, but to me it seems like much more upside than a 529 plan.
 
Meal delivery could be big for them, however, it's easier to have competition there. Their value is name recognition, which is more important traveling (ride sharing) than in any single local market (delivery)

when you remove the cost of paying a driver, cut fuel costs to 3 cents/mile, and eliminate the obligation to tip, self driving EVs will be so much cheaper that uber won't be able to compete. And it doesn't matter if many people use them at first, what matters is when the safety data comes out and proves they are vastly safer. I don't think there is anyone who has used many uber/lyft/taxis who hasn't been in cars with drivers who scare them.
Uber also has a freight brokerage side of the business. Not entirely sure how it works but I assume you need a pickup and an independent drive or small fleet can handle the shipment for a lower cost than the big guys. That has some meat to it IMO if they can clean it up.

What I will say is, Uber has 70%+ of the ride share market as of 2018. They will continue to leverage this brand and devote any profit back into their company because they are playing the long game. They want self driving cars. They want to throw away their fleet and take 100% of your trip. Right now they cant, but they will be able to someday. One could argue that people could also just get a self driving car and use that vs an Uber. My response would be A) a large majority of the population are not going to be able to afford self driving cars for a long time & B) I bet some regulation is put in place for those who get in the front seat of a self driving car drunk.

Imagine the profits they will have if their fleet goes to zero? No more payments to drivers (sorry Young Joc) & everything back into the company.
 
Im actually leveraging those stocks above + Amazon for my sons college fund. I know there is certain risk, but to me it seems like much more upside than a 529 plan.

it's too bad SpaceX isn't public, Starlink is going to be massive.
 
it's too bad SpaceX isn't public, Starlink is going to be massive.
Probably couldnt afford the stock anyway lol. Starlink is interesting and has tremendous upside as not only an internet provided, but as a cellular service. Could you imagine one company wiping both of those industries out in one swoop?
 
What are some of your guys sub $75 stocks? I'm too late in the game on most of these until the next recession.
 
What are some of your guys sub $75 stocks? I'm too late in the game on most of these until the next recession.

shouldn’t worry about having 20 shares or 1 share.

Worry about the growth upside in the short and long term. With that said as we mentioned above Beyond Meat is going to totally take off.
 
Uber also has a freight brokerage side of the business. Not entirely sure how it works but I assume you need a pickup and an independent drive or small fleet can handle the shipment for a lower cost than the big guys. That has some meat to it IMO if they can clean it up.

What I will say is, Uber has 70%+ of the ride share market as of 2018. They will continue to leverage this brand and devote any profit back into their company because they are playing the long game. They want self driving cars. They want to throw away their fleet and take 100% of your trip. Right now they cant, but they will be able to someday. One could argue that people could also just get a self driving car and use that vs an Uber. My response would be A) a large majority of the population are not going to be able to afford self driving cars for a long time & B) I bet some regulation is put in place for those who get in the front seat of a self driving car drunk.

Imagine the profits they will have if their fleet goes to zero? No more payments to drivers (sorry Young Joc) & everything back into the company.

Just have an insanely hard time believing Uber is a complete tank after IPO.

IPO’d up 22% from what it is now, and the immediate dip gives me a want to get in because of the fact that it owns 70% of the ride share market and has a quality brand name built.

I see more value than the $37 price point it’s currently at.
 
shouldn’t worry about having 20 shares or 1 share.

Worry about the growth upside in the short and long term. With that said as we mentioned above Beyond Meat is going to totally take off.
@Huber. on top of the point made above, some brokers now offer buying fractional shares. You can buy pieces of an Amazo share until you have 100% ownership of a share. Either way a percentage of growth will still impact you. 10% growth is 10% growth on your investment. Who cares where it comes from?

ChemoCentryx (sp?) was a stock one of my friends in the medical field was hyping up because they had a few things in clinical trials, but I dont know enough to comment. They were sub $50 when I was looking.

Uber is sub $50. It dropped like a rock after its IPO, but I personally see longer-long term value for the point mentioned above.
 
Just have an insanely hard time believing Uber is a complete tank after IPO.

IPO’d up 22% from what it is now, and the immediate dip gives me a want to get in because of the fact that it owns 70% of the ride share market and has a quality brand name built.

I see more value than the $37 price point it’s currently at.

Uber's other problem is rulings are going against them. If they have to treat drivers as employees and not independent contractors, they are screwed. They are also being banned in places like Germany and LAX. Taxi companies fighting them on one end, self driving companies coming at them from the other.
 
Uber's other problem is rulings are going against them. If they have to treat drivers as employees and not independent contractors, they are screwed. They are also being banned in places like Germany and LAX. Taxi companies fighting them on one end, self driving companies coming at them from the other.

How low is too low for Uber though?

$37 is low for a company that essentially changed the way we travel completely.

Does it get to a point where the P/E is positive and you feel more optimistic about that price point?

Do you think Uber just loses out in the end? No growth over the next 10 years? Or are you saying you just find their prospects minimal and prefer other companies.
 
How low is too low for Uber though?

$37 is low for a company that essentially changed the way we travel completely.

Does it get to a point where the P/E is positive and you feel more optimistic about that price point?

Do you think Uber just loses out in the end? No growth over the next 10 years? Or are you saying you just find their prospects minimal and prefer other companies.

could be good in short term, I think they lose out in the end, though, as well big oil companies, several car companies, etc.
 
A nuclear war threat with Iran doesn't move the needle.....A low mortality rate virus and everyone freaks out.
 
Last edited:
A nuclear war threat with Iran doesn't move the needle.....A low mortality rate virus and everyone freaks out.
It’s crazy. apparently nobody knows how many people die from the regular flu each year or they’ve watched too many disaster movies like contagion.
 
Last edited:
What are some of your guys sub $75 stocks? I'm too late in the game on most of these until the next recession.
PSTG, FNMA, BHC and SQ

FNMA and BHC are pure spec plays and I got in on their bottoms. I'm playing with the houses money at this point on both of them.

PSTG is a fantastic storage company, I am a systems administrator, and they are best in class. I am guessing they become the first new storage start up to make it since(I think) NetApp, and if not, they will be bought out. Again, I am in rather low on it. This is 100% based on my first hand experience with their products vs products from other vendors, including big boys like IBM, NetApp, DELL, Nimble, HPe, etc

SQ, bought after their 30% tumble towards the end of last year. They raised prices while embracing high risk merchants(like CBD) that other legacy payment systems won't. See a lot of potential with their forward thinking.
 
Tesla closed at new ATH of $580.99 ahead of earnings, it's $648 after hours. Short squeeze tomorrow.
 

Rubber Rim Job Podcast Video

Episode 3-13: "Backup Bash Brothers"

Rubber Rim Job Podcast Spotify

Episode 3:11: "Clipping Bucks."
Top