Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

DoorDash (DASH) is set to release its fourth-quarter 2024 results on Feb. 11.The Zacks Consensus Estimate for earnings is pegged at 34 cents per share, which remained unchanged in the past 30 days. DASH reported a loss of 39 cents per share in the year-ago quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Zacks Consensus Estimate for revenues is currently pegged at $2.83 billion, suggesting a 22.97% increase year over year. The company’s earnings surpassed the Zacks Consen ...

Doordash, Inc. (NASDAQ: DASH ), is at this point a staple software company for many consumers in the US, Europe, Japan, and Australia. After being launched to the public markets in December 2020, the company saw its shares pummeled by more than 80% in 2022. Nevertheless, since 2023, the sharesI am a dedicated financial risk manager and investor specializing in financials, consumer, and technology industries. I have been involved in the investing world for over seven years, making deep analyses and managing ...

Key TakeawaysHome Depot products are now available for delivery via DoorDash and Uber Eats.The listed Home Depot products include “tools, building materials, gardening supplies, and more."This adds to Home Depot's existing delivery options, which also include Instacart and the company's own website. If you need supplies for a DIY project but can’t get to the store, Home Depot (HD) products can now be ordered for delivery through DoorDash (DASH) and Uber Eats (UBER), the companies said Wednesday. More than 2 ...

DoorDash has teamed with The Home Depot to offer on-demand delivery for home improvement items.The collaboration, announced Wednesday (Jan. 22), offers deliveries in as little as an hour and is open to both consumers and Home Depot’s pro customers.“Amidst a project and out of nails, screw heads or drill bits, on-demand delivery from DoorDash can save time and any added stress,” Mike Goldblatt, vice president of new verticals partnerships at DoorDash, said in a news release. “As we continue our mission to em ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

One stock that might be an intriguing choice for investors right now is DoorDash, Inc. (DASH) . This is because this security in the Internet - Services space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective. This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Interne ...

Core Insights - DoorDash's shares have surged 61% over the past six months, significantly outperforming the Zacks Internet - Services industry's return of 2.9% and the broader Zacks Computer & Technology sector's appreciation of 0.2% [1] - The company has outperformed major competitors like Amazon and Alphabet, which gained 13.4% and 2.5% respectively during the same period [1] Growth Drivers - The share price momentum of DoorDash is attributed to strong growth in total orders and Marketplace Gross Order Value (GOV), enhanced logistics efficiency, and increased advertising contribution [2] - DoorDash registered a year-over-year increase of 18% in order volume, reaching a total of 643 million orders in Q3 2024, while the marketplace GOV grew by 19% to $20 billion [5] Strategic Partnerships - DoorDash has partnered with Ibotta to offer personalized digital promotions and coupons across various categories, enhancing its marketplace beyond restaurant delivery [6] - The collaboration with Ibotta allows DoorDash's 115,000+ non-restaurant stores in North America to provide added savings and engage consumers through AI-driven optimization [7] - DoorDash's expanding partner base includes Walmart Canada, Wegmans Food Markets, Lyft, Warner Bros. Discovery's streaming service Max, and JPMorgan Chase, broadening its reach and service offerings [8] Market Expansion - Through collaboration with Walmart Canada, DoorDash provides access to grocery and general merchandise from over 300 Walmart Supercenters [9] - An expanded partnership with Wegmans Food Markets enables grocery delivery from all Maryland locations and soon from stores in Virginia, North Carolina, New Jersey, Delaware, and upstate New York [10] - DoorDash offers DashPass Annual Plan members a complimentary Max With Ads subscription, providing significant value [11] Financial Performance - The Zacks Consensus Estimate for DoorDash's earnings in 2025 is $1.94 per share, indicating a year-over-year increase of 646.24% [12] - The revenue estimate for 2025 is pegged at $12.72 billion, suggesting a 19.16% increase from the estimated figure of $10.68 billion for 2024 [13] Valuation Insights - DoorDash's stock is considered not cheap, with a Value Score of D indicating a stretched valuation, trading at a Price/Book ratio of 9.24 compared to the industry's 6.31 [14] - Despite the high valuation, DoorDash's strong portfolio and expanding partner base contribute to its growth prospects, justifying the premium valuation [16]

DoorDash Expansion - DoorDash's online marketplace facilitates merchant-customer interactions and order fulfillment through "dashers" [3] - The company's Zacks Internet-Services Industry ranks in the top 15% of nearly 250 Zacks industries [3] - DoorDash acquired Finnish food delivery company Wolt in 2021, expanding its presence to over 20 European markets and beyond the US to Australia, Canada, Japan, and New Zealand [4] - Total sales are expected to increase 23% in FY24 and another 19% in FY25 to $12.72 billion, representing a 340% increase from 2020 sales of $2.89 billion [5] Sea Limited Expansion - Sea Limited operates as a consumer internet company providing e-commerce, digital entertainment, and digital financial services across Southeast Asia and Taiwan [7] - The company's Zacks Internet-Software Industry ranks in the top 10% of all Zacks industries [8] - Revenue is projected to grow 28% in FY24 and another 17% in FY25 to $19.62 billion, reflecting an 800% increase from 2020 sales of $2.17 billion [8] Earnings Growth - DoorDash's annual earnings are expected to reach $0.26 per share in FY24, a significant improvement from the adjusted EPS loss of -$1.42 in 2023, with FY25 EPS projected to soar 646% to $1.94 [9] - Sea Limited's EPS is expected to grow 55% in FY24 and another 91% in FY25 to $4.03 per share, with FY25 EPS estimates up 93% over the last 60 days [10][12] - Both companies have seen upward revisions in their EPS estimates over the last quarter, with Sea Limited's FY25 EPS estimates increasing by 92.82% over the last 60 days [13] Growth Trajectory - DoorDash and Sea Limited are among the fastest-growing companies of the decade, with compelling growth trajectories that could sustain their stock rallies [13] - Both companies are positioned as viable long-term investments for 2025 and beyond [13]

This year has been a remarkable one for stock market investors. The S&P 500 Index has soared almost 27% this year in a resilient macroeconomic environment amid robust corporate earnings. So, it might become difficult for retail investors to choose stocks independently and generate solid returns in 2025. To do this, one needs to understand the company fundamentals and try to place them against the current economic background to figure out how the stock may fare as an investment. One way to cut short this tas ...