Uber Is Becoming a Cash-Flow Machine. Can DoorDash Follow the Same Path and Offer Big Gains for Investors?
DoorDash(DASH) The Motley Fool·2024-02-24 06:59
All stocks require research before buying. But sometimes after research, I conclude that a company isn't ever worth an investment -- no need to circle back in the future. Some businesses simply burn cash, will burn more cash with scale, and continually dilute investors to pay the bills. I believed Uber Technologies (UBER 0.22%) was going to be one of those companies after I researched it in 2019.I was wrong. In 2023, Uber generated nearly $3.4 billion in free cash flow. And that wasn't the result of a fancy ...