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Here's Why DoorDash, Inc. (DASH) is a Strong Momentum Stock
ZACKS· 2025-10-03 14:50
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Sco ...
Why DoorDash, Inc. (DASH) is a Top Momentum Stock for the Long-Term
ZACKS· 2025-09-16 14:51
Core Insights - Zacks Premium provides tools for investors to enhance their stock market engagement and confidence [1] - The service includes daily updates, access to Zacks Rank, Equity Research reports, and Premium stock screens [1][2] Zacks Style Scores - Zacks Style Scores are indicators that help investors select stocks likely to outperform the market in the next 30 days [3] - Stocks are rated A, B, C, D, or F based on value, growth, and momentum characteristics [3] Value Score - The Value Score identifies attractive and discounted stocks using ratios like P/E, PEG, Price/Sales, and Price/Cash Flow [4] Growth Score - The Growth Score focuses on a company's financial strength and future outlook, analyzing projected and historical earnings, sales, and cash flow [5] Momentum Score - The Momentum Score helps investors capitalize on price or earnings trends, using factors like one-week price change and monthly earnings estimate changes [6] VGM Score - The VGM Score combines all three Style Scores, serving as a key indicator alongside the Zacks Rank for identifying stocks with strong value, growth, and momentum [7] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to simplify portfolio building [8] - Stocks rated 1 (Strong Buy) have historically produced an average annual return of +23.64% since 1988, outperforming the S&P 500 [8] Stock Selection Strategy - Investors should prioritize stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal success [10] - Stocks with lower ranks but high Style Scores may still carry risks if earnings forecasts are declining [11] Company Spotlight: DoorDash, Inc. - DoorDash operates a logistics and technology platform connecting merchants, consumers, and dashers, with an IPO completed in December 2020 [12] - Currently rated 3 (Hold) with a VGM Score of B, and a Momentum Style Score of B, indicating potential for momentum investors [12] - Recent upward revisions in earnings estimates for fiscal 2025 have increased the Zacks Consensus Estimate by $0.26 to $2.42 per share, with an average earnings surprise of +35.7% [13]