How Asymmetric Investing by Travis Hoium’s view on $LYFT changed

2026-09-03Bullish

“4 Insanely Cheap Stocks to Buy Now”

LYFT is undervalued at 5.5x FCF and well-positioned to aggregate AV demand, offering long-term upside.

Those four stocks are Adobe, MGM Resorts, Dick Sporting Goods, and Lyft.

And finally, finally, one of my favorite most overlooked stocks in the market is price to earnings multiple. Don't look at this one on a trailing basis just 2.5. There is some one-time items in there. better metric is a forward price earnings multiple of about nine or for forward price free cash flow of about five and a half.

So really good valuation and look at this compound annual growth rate about 15% over the past 3 years.

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2026-08-19Bullish

“4 Incredible Stocks I Love Today”

Lyft is a value play with strong growth and optionality, including potential acquisition, making it a buy.

Another stock that may be a little bit overlooked is Lyft. Uber is a stock that I own, but Lyft is the real value play in ride sharing today. $6.4 billion market cap, but look at this, the enterprise value just $5.8 billion because they have net cash on the balance sheet.

That means they can buy back stock if they want, they can pay down their debt, they can go out and make and make acquisitions, which they've done with companies like FreeNow over the past year or so, and the valuation is absolutely crazy.

0.9 enterprise value to sales, and your price to free cash flow on a trailing basis is under six. On a forward basis, also about 5.5.

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