DASH Continues To Deliver
DoorDash (DASH) reported 1Q22 earnings after the close Thursday. You wouldn’t know it from its chart but DASH’s business continues to progress. Gross Order Volume (GOV) was +25% and Revenue +35%. DASH nudged up its full year 2022 GOV guidance to $49-$51 billion – compared to $42 billion in 2021. Shares are currently +9% in the after hours.
While I was premature in dipping my toe into the water with my “Leaders of the Future” – of which DASH is one – I do think these stocks are worth keeping an eye on because when the macro regime does switch once again – which may well be many years from now however – these are the stocks that will be the leaders of the next bull market.