Lyft Stock Isn’t a Smooth Ride After Earnings, But This Low-Risk, High-Reward Trade Gives It Gas

Lyft (LYFT) is like Eli Manning to Uber’s (UBER) Peyton Manning. Both companies are popular in the ride-hailing business, and both have steadily gained fans and haters. UBER is a much bigger company, more than 30 times larger than LYFT by market cap. Not unexpectedly, UBER is considered a budding blue-chip by some, evidenced by its inclusion in the Dow Jones Transportation Average. 

However, not all investors want to focus their attention on the more established, $100 billion-plus types. So for those wanting to trade a nimbler ride-hailing company at my favorite time to trade – after earnings are released, not right before – LYFT is worth a look. Just don’t expect strong shock absorbers.