12 Stocks Jim Cramer Discussed As Analyzed Morgan Stanley’s Comments

3. DoorDash, Inc. (NASDAQ:DASH)

Number of Hedge Fund Holders In Q1 2025: 81

DoorDash, Inc. (NASDAQ:DASH) is one of the top-performing stocks in 2025 as the shares have gained 40.5% year-to-date. The stock has benefited from earnings performance and analyst sentiment. DoorDash, Inc. (NASDAQ:DASH)’s shares gained 4.5% in June after Raymond James upgraded the stock to Strong Buy from Outperform and increased the share price target to $260 from $215. The upgrade was driven by DoorDash, Inc. (NASDAQ:DASH)’s acquisition of Deliveroo and the potential of it to improve the firm’s operating income. Cramer discussed the firm’s deal with Domino’s Pizza:

“I remember when Russell Weiner called me. Russell Weiner’s fantastic, the CEO’s fantastic. And he said, the street’s underestimating this partnership [with DoorDash]. And I said well I’m not gonna underestimate it, cause he’s been wanting to go with me the whole lot time. . .But Russell is a hitter. And he said this would happen. People just said, well what does it mean? And the answer it that it means there is another channel. And historically there hasn’t been another channel, because the owners, the franchisees, always want to be the only channel.”