DoorDash Expansion - DoorDash's online marketplace facilitates merchant-customer interactions and order fulfillment through "dashers" [3] - The company's Zacks Internet-Services Industry ranks in the top 15% of nearly 250 Zacks industries [3] - DoorDash acquired Finnish food delivery company Wolt in 2021, expanding its presence to over 20 European markets and beyond the US to Australia, Canada, Japan, and New Zealand [4] - Total sales are expected to increase 23% in FY24 and another 19% in FY25 to 2.89 billion [5] Sea Limited Expansion - Sea Limited operates as a consumer internet company providing e-commerce, digital entertainment, and digital financial services across Southeast Asia and Taiwan [7] - The company's Zacks Internet-Software Industry ranks in the top 10% of all Zacks industries [8] - Revenue is projected to grow 28% in FY24 and another 17% in FY25 to 2.17 billion [8] Earnings Growth - DoorDash's annual earnings are expected to reach 1.42 in 2023, with FY25 EPS projected to soar 646% to 4.03 per share, with FY25 EPS estimates up 93% over the last 60 days [10][12] - Both companies have seen upward revisions in their EPS estimates over the last quarter, with Sea Limited's FY25 EPS estimates increasing by 92.82% over the last 60 days [13] Growth Trajectory - DoorDash and Sea Limited are among the fastest-growing companies of the decade, with compelling growth trajectories that could sustain their stock rallies [13] - Both companies are positioned as viable long-term investments for 2025 and beyond [13]
2 Internet Stocks to Buy for Breakout Sales Growth: DASH, SE