From Yahoo Finance: 2025-05-28 09:22:00

Sands Capital released its Q1 2025 investor letter for the Technology Innovators Fund, which returned -10.4% in the first quarter, compared to a 9.4% benchmark return. The fund focuses on pioneering businesses benefiting from long-term tech changes. DoorDash, Inc. was highlighted in the letter, showcasing strong growth and potential for the future.

DoorDash, Inc. (NASDAQ:DASH) is a leading food delivery platform in the US, with a one-month return of 6.22% and shares gaining 83.36% over the last year. The stock closed at $204.89 per share on May 27, 2025, with a market capitalization of $86.82 billion. Sands Capital sees strong potential in DoorDash for future earnings growth.

Despite potential in DoorDash, Inc. (NASDAQ:DASH), Sands Capital believes AI stocks offer greater returns in a shorter timeframe. DoorDash was held by 81 hedge fund portfolios in Q1 2025, down from 88 in the previous quarter. For investors seeking promising AI stocks with high potential, check out undervalued AI stock poised for massive gains.



Read more at Yahoo Finance: Should You be Confident in DoorDash’s (DASH) Long-Term Earnings Power?