UBER被低估，12-18个月内有62%的上涨空间；无人驾驶技术风险被夸大，因为战略合作和投资。
逐段跳播
Uber是我接下来要推荐的顶级股票，公允价值估计为123美元，当前市场价格为76美元。鉴于市场价格与公允价值之间的差异，我计算出Uber股票在未来12到18个月内有62%的上涨空间。
Uber is the next top stock I'll recommend here with a fair value estimate at $123, a current market price of $76. Given that difference between market price and fair value, I calculated an upside of 62% for Uber stock over the next 12 to 18 months.
我最兴奋的几点是，这是一个规模化的轻资产平台商业模式。Uber目前并不拥有平台上的任何汽车。它只是将司机和顾客联系在一起，并从该平台上的每笔交易中收取费用。
Couple of things I'm most excited about is this is a scaled asset light platform business model. Uber doesn't own any of the cars on the platform right now. It just brings together drivers and customers and it takes a fee from every transaction on that platform.
这是一个很好的客户价值主张。至少在世界上大多数地方，拥有汽车的成本已经变得如此昂贵，以至于当你将其与乘坐共享和使用共享服务相比时，对世界各地的许多人来说，这已经成为一个更具吸引力的选择。
This is a great customer value proposition. At least in most parts of the world, the cost of car ownership has become so so expensive that when you compare it with taking ride share and using ride share services, it's become a more attractive situation for a lot of folks around the world.
Uber的风险也很大，风险来自无人驾驶汽车技术。无人驾驶汽车技术可能带来的结果范围如此之广，这增加了风险因素。例如，如果特斯拉在无人驾驶汽车技术的完整解决方案上取得成功，直接面向消费者，完全绕过Uber，那对Uber来说长期来看可能是一个重大的负面影响。
The risk here is also huge with Uber and the risk comes from driverless car technology. The potential outcomes as a result of driverless car technology are so wide, it creates an increasing risk factor. For instance, if Tesla is successful in its full solution for driverless car technology going direct to consumer, skipping Uber altogether, that could be a significant negative for Uber in the long term.
然而，我认为即使在无人驾驶汽车技术领域，Uber也将设法保持可观的市场份额。它已经在建立多个合作伙伴关系。它正在投资自己的技术。它正在投资购买自己的无人驾驶车辆，与Lucid、Neuro、Rivian等公司合作。
However, I think Uber will manage to boast meaningful market share even within the driverless car technology segment. It's already forming several partnerships. It's investing in its own technology. It's investing in purchasing its own driverless vehicles, partnering with Lucid and Neuro and Rivian and others.
所以，我认为风险被夸大了，而这些风险正在创造以显著折扣购买一家优秀企业的机会。我的投资组合中持有Uber的股票，并且我有兴趣增加更多。
So, I think the risks are overblown here and the risks are creating this opportunity to buy a great business at a significant discount. I own Uber stock in my portfolio and I'm interested in adding more.
这个频道对 $UBER 的历次判断
Parkev Tatevosian, CFA 在这只股票上只有这一条判断。