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This Stock Soared 309% From Its 2022 Low -- 2 Reasons to Buy It Now, and 1 Reason to Stay Away
DASHDoorDash(DASH) The Motley Fool·2024-12-05 09:58

Investors are rewarding DoorDash for its strong operating results, but there is one reason to be cautious right now.2024 is almost over, and the S&P 500 (^GSPC 0.61%) is on the cusp of delivering its second consecutive annual gain of more than 20%. The 2022 bear market sure feels like a distant memory right now.DoorDash (DASH 0.45%) stock is currently up by 309% from its 2022 low point, thanks to the company's steady revenue growth, improving profitability, and expansion from food delivery into other market ...