Uber is undervalued at $68 vs $113 fair value; slow self-driving adoption makes it an attractive buy.

These are Amazon, Netflix, Uber, Nvidia, Pinterest, Meta, Visa, Adobe , and McDonald's. Let me explain why I believe these stocks represent excellent value at the moment.

Uber shares are also trading near their lowest level in 52 weeks, as risks related to self- driving car technology are prompting investors to exit. Uber's stock is trading at $68, and I have calculated its fair value at $113.

My view is that self- driving car technology will take longer than expected to become widespread and more widely available . This technology still accounts for less than 1% of total flights worldwide.

This number is growing, but it is likely to grow slowly, especially in places like Europe or the United States where regulation is slow and bureaucracy is deeply entrenched. In places like China, I expect this field to grow faster than in Europe and the United States.

Furthermore, Uber is investing in its own self-driving car technology, collaborating with companies like Lucid and Rivian to provide self- driving cars that it will list on its platform, and also aims to partner with some providers of this technology.

It's not just the negative aspects of self-driving car technology. There is a possibility that Uber will use this technology to take its business to higher levels. I see it as such an attractive opportunity in terms of risk versus reward that I bought Uber stock for my own portfolio and I am interested in adding more.