Here's Why Investors Should Bet on Lyft Stock Right Now

Key Takeaways Earnings estimates for LYFT have been revised up, showing brokers' growing confidence in the stock. Shares have gained 33.2% YTD, beating the Internet- Services' industry's growth. Gross bookings rose 12% in Q2, with 234.8M rides and 26.1M active riders driving growth.Lyft (LYFT) is bolstered by upbeat demand, which is boosting its top line. Efforts to expand and improve customer experience are also commendable. Due to these tailwinds, LYFT shares have performed impressively on the bourse. If ...