Stig Brodersen is talking stocks with Tobias Carlisle and Hari Ramachandra. Stig’s pick is Uber, the world’s largest ride-hailing company, benefiting from scale and an expanding ecosystem. Tobias is pitching Bath & Body Works. A category leader in home and personal fragrance with high brand recognition and strong free cash flow. Hari’s stock of choice is Merck, a pharmaceutical giant that owns the blockbuster oncology drug but faces a looming patent cliff risk. What you'll learn here: 00:00:00 - Intro 00:01:03 - Stig’s bull case for Uber (Ticker on NYSE: UBER). 00:15:30 - The bear case for Uber, including the regulatory risk. 00:54:54 - Why Hari is bullish on Merck (Ticker on NYSE: MRK). 01:04:40 - The bear case for Merck, including the “Keytruda patent cliff.” 01:10:06 - Why Toby is bullish on Bath & Body Works (Ticker on NYSE: BBWI). 01:19:59 - The bear case of Bath & Body Works, including the debt level. Transcript & Guest Info: https://www.theinvestorspodcast.com/episodes/mastermind-q3-2025-uber-bath-body-works-merck/ 🤝 Join like-minded value investors this October in NYC by joining the TIP Mastermind Community. https://www.theinvestorspodcast.com/mastermind/ 💎 Explore a new business weekly and decide if it deserves a spot in your portfolio. https://www.theinvestorspodcast.com/intrinsic-value-podcast/ ▶️ Related Episodes: - Mastermind Discussion Q2, 2025 | Microsoft, Block, Adyen, and Devon Energy | Bull & Bear: https://youtu.be/pSYgbfEyiBU - Mastermind Discussion Q1, 2025 | Ulta Beauty, VeriSign, and Lifco | Bull & Bear Discussion: https://youtu.be/CPOsvLyNbMw - Mastermind Discussion Q4 2024 | Exploring Value, Risks, and Opportunities: https://youtu.be/GoS4dalv2YE Listen to our episodes here: https://open.spotify.com/show/28RHOkXkuHuotUrkCdvlOP Visit our website: https://www.theinvestorspodcast.com/we-study-billionaires/ Free PDF: Investing for Beginners: 4 Principles of Stock-Picking: https://www.theinvestorspodcast.com/subscribe-youtube/ ⚠️ Disclaimer: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting. #Uber #StockMarket #Investing #Merck #BathAndBodyWorks