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Motley Fool Hidden Gems Investing

Lyft’s Typ0

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.33.1K Ratings

🗓️ 14 February 2024

⏱️ 27 minutes

🧾️ Download transcript

Summary

Shares of the ride hailing soared more than 60% on a mistake. (00:21) Ricky Mulvey and Tim Beyers discuss: - Airbnb’s $6 billion share buyback. - Lyft’s earnings mistake and business fundamentals. - Why Uber and Lyft aren’t as close as investors may think. Plus, (15:03) Dylan Lewis, Deidre Woollard, and Mary Long join Ricky for a Valentine’s Day themed roundtable about finding red and green flags for investments. Stocks discussed: ABNB, LYFT, UBER, CNTS, ECL, ULTA, CRM, MELI, TDOC, AAPL Host: Ricky Mulvey Guests: Tim Beyers, Dylan Lewis, Deidre Woollard, Mary Long Engineers: Dan Boyd, Tim Sparks Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

We all make mistakes, but some cost more than others. You're listening to Motley Full Money. I'm Ricky Maldi joined today in studio by Tim Byers Tim good to good to literally see you

0:26.4

Yeah same here Ricky we're actually face-to-face here and I have my coffee so I'm

0:33.0

caffeinating in real time.

0:35.0

Hopefully you'll be ready to go by, let's say the midpoint of the segment.

0:39.0

If we can get there, that'll be good.

0:41.0

Yeah.

0:42.0

Let's start with Airbnb earnings.

0:43.7

We've got another tech company, it's beating estimates, offering rosy guidance, and still Wall Street

0:48.2

is not happy with them.

0:50.7

On this one, I cannot understand why.

0:53.0

That makes two of us.

0:55.0

I this is an excellent business. I mean let's just hit some of the numbers here.

1:01.0

I mean if you take Airbnb at its word, this is a company that's generating close to 4 billion dollars in free cash flow.

1:09.0

Even if you take out the stock-based compensation, it's still over 2.7 billion. This is astounding with

1:16.4

and Ricky let's be clear here this is not a company that needs to reinvest in

1:22.0

huge amounts of cabinets upon cabinets of servers and

1:26.3

lots of equipment. This is a very capital-like business that does extraordinary

1:32.4

cash generation.

1:34.0

I don't get it either.

1:35.4

The only thing I can surmise here is that the growth

1:38.0

just isn't quite up to what Wall Street wants.

1:41.2

But really, I mean, are we nitpicking here?

...

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