I’d love to hear what you thought about my “Stock to Avoid” article today. 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. 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. We provides investment advice on DoorDash Stock only from the perspective of investor risk. That shows why DASH scores a 24 on growth. Macroaxis investing advice on DoorDash is currently Strong Buy. Its gross margin fell from 52.2% in the third quarter of 2021 to 42% in the third quarter of 2022.

So far 234,573 shares have traded compared to average volume of 2,985,906 shares. The stock has traded between 85.95 and 87.12 so far today.

In its recent quarterly report, the company reported a net loss of $296 million - widening its loss by 12.5% from the previous quarter! DoorDash Inc (DASH) stock is trading at 86.66 as of 9:38 AM on Friday, Aug 4, a rise of 1.20, or 1.4 from the previous closing price of 85.46.

Here is where I usually tell you about impressive company milestones. We expect it to underperform the broader market over the next 12 months. DASH’s Stock Power Ratings in January 2023.ĭASH stock scores a “High-Risk” 2 out of 100 on our Stock Power Ratings system.

Door dash stock