Should you buy or sell the stock?

Uber shares fell 5 percent despite reporting its first operating profit. Independent Solutions Wealth Management Portfolio Manager Paul Meeks and New Constructs CEO David Trainer joined Yahoo Finance Live to discuss whether you should buy or sell the stock. Meeks explains that Uber is “a company that’s gone from deep losses to about break even at this point, surprise to the upside, particularly on free cash flow, and right now the street has about 95 cents EPS next year.” Uber stock “has been a smashing success as of late,” Meeks says, but Trainer explains “that most of this earnings that we’re seeing is from unusual gains related to securities gains. It’s non-operating.” “This business is not looking as good as it may appear,” Trainer says.

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