UBER is undervalued; robo-taxi competition is priced in and hybrid model provides advantage.

I think Uber is way undervalued at this point. It's trading at $68. Now, there's no guarantee that this one goes up soon. We've seen companies trade at undervaluations for long periods of time.

This one's trading at a 17 Ford PE ratio. While all the economics look really good, the big concern is robo taxis. the Cyber Cab, the Whimo, the Zuks, all these companies competing with Uber.

It's the first real competition that they faced.

I have the belief that this is more than priced into the stock. So even though cyber cabs and robo taxis and all that will eat into some of their market share, Uber continues to expand and grow in market share in other places.

And I believe there's also an advantage in having a hybrid model where Uber is both going to have their own robo taxi and they'll have their own human drivers to fill in the spaces where robo taxis can't get.

Specifically, places where they literally don't operate and places where there's excess demand all in a short period of time. That makes it very attractive to have a hybrid approach.

One app to open that you know you're going to get a driver. Whether or not it's a robot or a human, you're going to have someone soon.