Grab These Shares… Before the "Sharing Economy" Is Sued Out of Existence

Uber, the ride-sharing service valued at $50 billion, is at the forefront of disrupting the taxi industry. Consider this small but very telling fact... A New York taxi medallion, the license that allows you to drive a cab in the city, cost $1.3 million in 2013. But today, you can pick one up for a (relative) song at $840,000. The price has been plummeting since 2013 - the first time that's ever happened. And you'd better believe the hospitality industry is taking seriously the threat presented by Airbnb, which puts temporary renters and guests together. The sharing economy companies are basically telegraphing hostile intentions against "traditional" industries. But instead of fighting this trend outright, one old-line stalwart is making a very savvy end run around the new competition. That's who we're "backing" today. We'll be richly rewarded, too... Tags: Airbnb valuation , F stock , ford stock , market disruptors , NYSE: F , regulation of Airbnb , regulation of ride-sharing services , regulation of Uber , sharing economy , Uber IPO , Uber valuation To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Grab These Shares… Before the "Sharing Economy" Is Sued Out of Existence appeared first on Money Morning - We Make Investing Profitable .