10 Best Stocks to Buy for the Next 5 Years

6. DoorDash Inc. (NASDAQ:DASH)

EPS Forward Long Term Growth (3-5 Year CAGR): 64.44%

Number of Hedge Fund Holders: 91

DoorDash Inc. (NASDAQ:DASH) is one of the best stocks to buy for the next 5 years. On December 11, Jefferies raised the firm’s price target on DoorDash to $270 from $260 with a Buy rating on the shares. Jefferies recommends a selective stance on Internet stocks for 2026. Key headwinds include rising investment costs that threaten profitability and concerns that AI will cut out traditional middlemen, potentially limiting how high stock prices can climb relative to earnings.

In other news, on December 17, DoorDash and OpenAI launched a new integration that allows users to shop for groceries directly within ChatGPT. By linking their DoorDash accounts in the Apps section of their settings, customers can convert AI-generated recipe ideas and meal plans into shoppable grocery lists from national retailers, as well as regional favorites, with delivery available in as little as an hour. Currently live for select users with a full rollout across iOS, Android, and web platforms expected in the coming weeks, the partnership aims to provide a seamless inspiration-to-delivery experience that saves consumers time while helping local merchants capture real-time demand.

Earlier on November 19, Jefferies analyst John Colantuoni upgraded DoorDash to Buy from Hold with a price target of $260, up from $220. This upgrade followed a 20% selloff over the then-past 30 days, arguing that the company’s strong execution and growth algorithm are currently underappreciated by the market. Colantuoni believes that the conservative 2026 outlook provides DoorDash with strategic flexibility for long-term investments while creating significant potential for upside against future consensus estimates.

DoorDash Inc. (NASDAQ:DASH), together with its subsidiaries, operates a commerce platform that connects merchants, consumers, and independent contractors in the US and internationally.