Calls of the Day: Uber, GE Vernova and General Motors

All right, calls of the day, Josh, we start with you because Uber has been called the best idea into earnings for this year at JP Morgan price target, 95 bucks overweights the rating has a strong three-year outlook and I mean the the outlook in the last year has been ridiculous too. Be stocks up 100, more than 130% / / 1 year and they have earnings coming up in a few weeks. Yeah well this is the 4th best stock of all of last year like literally after NVIDIA. I think Constellation Brands is in that in that list and one other it was only Uber. Look, I I think that this is $100 stock. I’ve been relentlessly pounding my fist on the table since it was in the 20s that I believe that it’s one of the last of the major platforms that that exist the major Tams in this world to really have a king get crowned and. Transportation of goods. And people and Freight is Ubers wheelhouse. They basically own it and I think that’s going to continue. What’s interesting that the analyst said, which we don’t talk about a lot, there’s now a $7 billion buyback plan running through 2026, which should help increase earnings and that number can probably go higher. In addition, they are now much more focused on absolute profit dollar growth versus incremental margins. So it’s a shift in focus that Dara is overseeing and I think it’s going to work for shareholders long term. So I’m a shareholder, I’m not a trader here and I like the stock GE Renova I mentioned initiated by Steph at Goldman today 154 is the price target. There’s a stock at 1:30, You’ve been buying more, bought more last week, you say almost every day, yeah, it’s been a crazy stock. I mean it came out of the chute and it was fell 14%. So I I initiated a bigger position. When it fell 14% and then rallied 12 and now it’s down 6. So I’m just taking advantage of spins that are a little volatile in the beginning for obvious reasons. I like the wind power electrification theme very much that a 30% install base to world electricity. I think margins have upside, free cash flow has upside, services has upside to the overall mix. So I like this for the long term at 11 times EBITDA, Jimmy, General Motors top pick Deutsche Bank hold is the call though price target to 50 from 44. And they think that GM is going to raise guidance when they report next week. I think that’s a reasonable conclusion. It’s not a slam dunk, but it’s reasonable based on what we’re seeing about car buying volumes, where prices are, what they’re doing with cost control. I think the real lever here, and this is not usually what you’re going to hear me say is what is the share count when they report earnings because they did a buyback, an accelerated share buyback that was worth something between 20 and 25% of the company’s outstanding shares. So they, you know, some people say that’s financial engineering. I will say a company that’s got good cash flows is going to concentrate my earnings power by buying back shares. That’s what I’m actually really looking for when the report comes out.