Wall Street Analysts Forecast Growth for COST and UBER in the Coming Year

As we usher in a new calendar year, investors are keenly on the lookout for stocks that promise robust growth potential. Top Wall Street analysts have identified select trailblazing companies which are well-positioned for potentially strong performance. Among the ranks, two standout stocks have been highlighted: COST, the powerhouse behind the renowned chain of membership-only retail stores, Costco Wholesale Corporation, and UBER, the innovative technology company, Uber Technologies, Inc.

Costco Wholesale Corporation (COST)

A venerated retailer in its own right, Costco Wholesale, known as COST, has made a monumental impact on the global retail landscape. Functioning as a members-only big-box retail giant, COST has earned its stripes thanks to a combination of vast product offerings and competitive pricing strategies. Ranking as the fifth largest retailer worldwide in 2020, its reputation for quality extends to being a top retailer for products ranging from prime beef to organic fare and wine. As it stands, the steadfast growth of COST remains a focal point for analysts predicting its continued ascent into the new year.

Uber Technologies, Inc. (UBER)

Meanwhile, UBER has revolutionized the domain of personal transport and delivery services through its portfolio of solutions that span ride-hailing, food delivery with Uber Eats, and even freight transportation. The company's adaptability has seen it expand into diverse markets such as courier services and, via a partnership with Lime, electric bikes and scooter rentals. Based out of bustling San Francisco, California, UBER epitomizes the essence of modern-day convenience fused with technological innovation, setting it on a course for potential growth which has not gone unnoticed by Wall Street savants.

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