DoorDashNASDAQ: DASH

DASH's shares are driven by robust order growth and expanding clientele, positioning it for continued success and future growth.

As of Nov. 19, 2024, three stocks in the consumer discretionary sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

While online grocery shopping is generally convenient, manually adding items to your cart one by one can become a bit of a chore. To address this, food and grocery shopping app DoorDash has launched a new feature that allows you to sync your grocery list to the app.

DoorDash (DASH) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Shares of DoorDash have continued to rally after posting very strong Q3 results, featuring a re-acceleration in revenue growth. Marketplace orders continue to grow at a near-20% clip, slightly outpacing Uber's Delivery segment and implying market share gains. The company's recent partnership with Lyft, offering rideshare discounts to DashPass subscribers, also positions DASH to compete better against Uber One.

DoorDash, Inc. (DASH) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to loss of $0.19 per share a year ago.

DoorDash Inc. on Wednesday reported third-quarter results and a fourth-quarter demand outlook that topped expectations, as the company continues to invest in expansion and improving service.

DASH's third-quarter 2024 results are likely to benefit from strong total orders and Marketplace GOV.

Some investors are weary of buying into stocks when the S&P 500 index is trading near its all-time high and has also made new highs recently, but that doesn't mean all stocks are overpriced or not worth considering. Today's list of stocks will offer investors a chance to align their portfolios with the current scenarios playing out in the economy, or at least the expectations for the coming quarters.