Today, Teal Linde commented about whether LNC-N, MTY-T, WEF-T, ESI-T, UBER-N, AL-N, TSLA-Q, T-T, SQ-N, TCW-T, LNR-T, TWM-T, MFC-T, EQX-T, BAM.A-T, HD-N, MCD-N are stocks to buy or sell.
(A Top Pick May 21/19, Down 25%) Last year, trade tensions between US and China hurt their business, because 10% of their business is agricultural equipment and that trade war hurt agriculture. The GM strike also hurt. There was insider buying over the winter, which is a plus. The virus has made this a buying opportunity now. A solid hold for him. Peak auto has hit the world, yes, but those declines in sales have been gradual.
For the long term The big money has already been made here by private equity investors. But Uber is still growing as a duopoly (with Lyft). It's breaking even on an EBITDA basis and not losing money as some think, but Uber Eats is losing money. Uber enjoyed double-digit growth before the virus, and will likely return to that, but earnings may be weak short term. That said, you will come out ahead for the long term. Uber doesn't spend money on cars, but rather marketing. The scalability also makes this attractive. This will grow, but not as much as in the past.