DoorDash reported strong revenue and profit growth, with stock rising 42%
DoorDash, a meal delivery platform, reported $3 billion in revenue in the first quarter of fiscal 2025, with a 21% year-over-year increase and net income of $193 million. The stock has risen 42% this year, with institutional support and strong sales growth. EPS is expected to increase by 66.7%. MoneyFlows data shows Big Money investors betting heavily on the stock, with unusual volumes signaling strong financial performance. Since November 2024, DASH has been a top-rated stock, up 49.8% with continued Big Money interest. The stock could be a valuable addition to a diversified portfolio.
Read more at Yahoo Finance: Identify Superstar Stocks Like DoorDash Before the Crowd