21.05.2025 08:19:00

This Magnificent Stock Is Up 370% From Its 2022 Low -- 2 Reasons to Buy It Now, and 1 Reason to Steer Clear

DoorDash (NASDAQ: DASH) operates the most popular food delivery platform in the United States. Its stock has soared by 370% since it bottomed in 2022 during the S&P 500 (SNPINDEX: ^GSPC) bear market, as the company has drastically expanded its service offerings and its global footprint.If DoorDash stock can gain another 22%, it will reclaim its all-time high, which was set during the tech frenzy in 2021. Can the recovery continue? Here are two reasons to buy shares, and one reason to act with caution.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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