5 Best Delivery Stocks to Buy According to Hedge Funds

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This article presents an overview of 5 Best Delivery Stocks to Buy According to Hedge Funds. For a detailed overview of such stocks read our article, 11 Best Delivery Stocks to Buy According to Hedge Funds.

5. DoorDash, Inc. (NYSE:DASH)

Number of Hedge Fund Holders: 64

DoorDash, Inc. (NYSE:DASH) is the largest food delivery platform in the United States. The company has expanded in other areas, including convenience delivery, in which it now holds over 60% market share in the U.S. Despite the large market share, the company continues to leverage partnerships to fuel growth. Over the past one year, the company’s stock has risen a staggering 128% in value.

DoorDash, Inc. (NYSE:DASH) experienced an uptrend in hedge fund holdings that increased from 57 to 64 in Q4 2023. The total value of these holdings jumped from approximately $2.2 billion to $3.0 billion. The impressive increase of $733.77 million in total value reflects robust hedge fund confidence in the growth trajectory of DoorDash, Inc. (NYSE:DASH).

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