$Costco(COST)$ One of the favourite picks for long term investors, COSTCO has delivered significant returns of 42% YTD and 200% post pandemic. In the long run I am bullish on COSTCO. Its membership model, growth prospects, cost management and the value it offers to the members is nothing short of extraordinary! But in the short term, few things have me puzzled. The forward PE ratio of 52, is near all time high. In the past 3 months the stock momentum has been more sideways and can see a lot of insiders selling. On the contrary Walmart has reflected a strong outlook for the holiday season, Target has been losing market share to the likes of Walmart & Costco. The possibility of a stock split in the near f
$Uber(UBER)$ $UBER 20250221 77.5 CALL$ Given current trend of interest rates, and the market exposure available to UBER I am still bullish. I am not concerned with the autonomous driving news,to be honest I don't think this affects UBER in the long run. My simple standpoint is TESLA is a car manufacturer not a service provider. Tesla/Elon are driven by innovation not just revenue. Operating and maintaining a fleet across the country if not globally, to me doesn't seem very efficient. UBER's CEO also has mentioned in the past if TESLA is able to deliver on the autonomous driving they would like to partner rather than compete with them which makes more s