DoorDash’s Soaring Stock: A Smart Buy or a Bubble Waiting to Burst?
Gig economy food delivery service DoorDash (NASDAQ:DASH) has been running hot for most of the last year, gaining over 75 percent in the last 12 months. Such large increases, though, often leave stocks susceptible to corrections that bring their prices back down to earth. We examine DoorDash’s performance and valuation to see whether the stock is a buy, » Read more about: DoorDash’s Soaring Stock: A Smart Buy or a Bubble Waiting to Burst? »
Read MoreWhy Billionaire with PERFECT Record Bought This Stock?
Buffett may be richer than Stan Druckenmiller, but he can’t claim a perfect trading record without a single down year as the founder of Duquense Family Office can.
And in its latest filings, Duquense has snapped up a company that is so far under most radars, it likely is invisible. That company is GE Vernova (GEV) and it’s got some bullish catalysts that may well be worth spending a little time on to see if they compel you to buy as they did Stan.
» Read more about: Why Billionaire with PERFECT Record Bought This Stock? »
Read MoreYou’re About To Spit Out Your Coffee
While the market has generally been trending higher this year with various bumps in the road, Starbucks has had an altogether different journey and remained largely flat over the past 12 months. Worse still, until its recent CEO switchover, it had been decidedly under water.
The fundamentals have been fairly underwhelming for some time as earnings reports have revealed.
» Read more about: You’re About To Spit Out Your Coffee »
Read MoreCan eBay Skyrocket by 33%?
As ever more customers are turning to online retail, global e-commerce revenue is projected to grow at an annual growth rate of 9.5%, reaching an astonishing volume of $6.48 trillion by 2029.
Among the most promising e-commerce firms now is arguably one of the original pioneers in the space, eBay. Here’s why.
» Read more about: Can eBay Skyrocket by 33%? »
Read More66% Upside In Asian Ride-sharing Stock?
Grab Holdings has evolved into Southeast Asia’s leading super-app with operations spanning ride-hailing, food/grocery delivery, and financial services.
Growth momentum has been strong, particularly since 2023 which was a pivotal year when Grab hit its first quarterly profit. That took place in Q4 2023 on $653 million revenue, up 30% year-on-year.
Under the hood,
» Read more about: 66% Upside In Asian Ride-sharing Stock? »
Read MoreThe Burst
Billionaire Buys Stake In Gene Therapy Stock
Ultragenyx may not have crossed your radar but it’s already in billionaire Stan Druckenmiller’s portfolio. What has he spotted in this novel therapies for rare and ultra-rare genetic diseases firm that convinced him to take a position?
Its focus on underserved patient populations, deep pipeline of innovative products, and strong track record in obtaining regulatory approvals make it an attractive long-term investment,
» Read more about: Billionaire Buys Stake In Gene Therapy Stock »
Read MoreThe Spotlight
Will Ford’s EV Gamble Pay Off?
As we race towards the end of 2024, a full 17 million electric vehicles are projected to be sold, which if realized will translate to a whopping 1 in 5 of all car sales.
With demand for EV’s as strong as ever and competition from Tesla and China’s BYD stiffening, what does the future hold for Ford and its EV strategy?
» Read more about: Will Ford’s EV Gamble Pay Off? »
Read MoreThe Daily
Stock market today: Dow, S&P 500, Nasdaq rise as Trump touts 'major' US-UK trade deal
Here are some stocks making moves on Thursday morning, an hour and a half before the opening bell. You can find more movers on our trending tickers page.
Nvidia (NVDA): Shares rose 1.6% higher on a Bloomberg report that the Trump administration plans to repeal AI chip export restrictions.