Chipotle (CMG) Chipotle is opening its first "Ghost Kitchen" this […]
DoorDash Shares Nearing New Highs (DASH)
September 14, 2021
DoorDash Shares Nearing New Highs (DASH)
Earlier this year, LikeFolio put out a bullish opportunity alert for DoorDash (DASH), citing continued strength in underlying consumer Demand relative to the elevated levels seen during the COVID lockdowns.
Our bullish thesis has proved correct -- DASH shares have gained roughly +56% since our March entry – But can they continue to a new all-time high? DoorDash's Purchase Intent Mentions have leveled off slightly in recent months but remain higher than pre-COVID levels: +14% vs. 2019 (90d MA).