I’d love to hear what you thought about my “Stock to Avoid” article today. DoorDash shares are trading lower in sympathy with Uber, which fell after reporting Q2 earnings. With the market in flux, and tech stocks experiencing a bit of a resurgence to start 2023, I want to highlight what’s next for the AI mega trend and your best ways to follow it as an investor. I’m switching it up a bit in tomorrow’s Stock Power Daily. Stay Tuned: What’s Next for the AI Mega Trend That’s what makes DoorDash stock one to avoid for your portfolio. While food delivery services remain popular in the U.S., our Stock Power Ratings system shows you that certain stocks in the sector are not.ĭoorDash is hampered by poor financials … which isn’t likely to change anytime soon. That means we consider it “High-Risk” and expect it to underperform the broader market. The hospitality services sector has dropped 1.3% in the last 12 months:ĭASH stock scores a 2 out of 100 on our proprietary Stock Power Ratings system. Doordash youtube yahoofinance Yahoo Finance's Seana Smith breaks down DoorDash fourth-quarter earnings, which sent the stock higher after. The company has a miserable return on equity of negative 15.3% and a return on investment of negative 14.2%, earning it a 39 on quality.Īll of this tells us the stock is not profitable and is experiencing only small growth.ĭASH stock has had a rough 12 months, falling 48.2% Its share price is almost 70% below its IPO price in 2020. It also scores in the red on our value and quality factors.ĭoorDash has negative price to earnings, meaning it’s not generating any profit. That shows why DASH scores a 24 on growth.
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