From Yahoo Finance: 2025-05-06 08:57:00

Artisan Partners released its Q1 2025 investor letter, showing negative returns for its mid-cap funds compared to the Russell Midcap Growth Index. US equities saw strong growth in Q4 2024, with value stocks leading in Q1 2025. Investors favored lower-volatility equities, especially in utilities and consumer staples, with higher dividend yields.

DoorDash, Inc. (NASDAQ:DASH) was highlighted in Artisan Mid Cap Fund’s investor letter, noting its strong performance and market position. The stock saw an 8.92% one-month return and an 81.74% increase over the last 52 weeks. On May 5, 2025, DoorDash, Inc. (NASDAQ:DASH) closed at $205.40 with a market cap of $87.037 billion.

Artisan Mid Cap Fund added DoorDash, Inc. (NASDAQ:DASH) to its portfolio, praising the company’s market leadership in restaurant delivery and growth potential in grocery delivery. Despite losses in this segment, DoorDash expects profitability due to cost advantages. Recent earnings showed market share gains and impressive margins in food delivery.

DoorDash, Inc. (NASDAQ:DASH) is not among the 30 most popular stocks among hedge funds, with 88 portfolios holding it at the end of Q4 2024. While DoorDash has potential, AI stocks are seen as offering greater returns in a shorter timeframe. An article also covers high-growth companies hedge funds are buying, providing additional insights for investors.



Read more at Yahoo Finance: Here’s What Makes DoorDash (DASH) an Investment Bet