5 Best Growth Stocks to Buy Right Now

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1. DoorDash, Inc. (NYSE: DASH)

Number of Hedge Fund Holders: 38     

DoorDash, Inc. (NYSE: DASH) is a food delivery service that controls the largest share of the market in the United States. It is placed first on our list of 10 best growth stocks to buy right now. The company enjoyed a stellar 2020 as the coronavirus lockdowns helped the firm grow because people preferred ordering deliveries as restaurants were closed. In 2021, even as the pandemic subsides, food delivery is still a thriving business. On June 14, the firm announced that it would start offering on-demand delivery of pet essentials to users soon. 

DoorDash, Inc. (NYSE: DASH) represents the largest holding of Coatue Management, comprising 6.65% of their portfolio. The fund owns more than 9.2 million shares in the firm worth over $1.2 billion. 

Out of the hedge funds being tracked by Insider Monkey, Connecticut-based investment firm Lone Pine Capital is a leading shareholder in DoorDash, Inc. (NYSE: DASH) with 6.7 million shares worth more than $881 million.  

You can also take a peek at Billionaire Stan Druckenmiller’s Top 10 Stock Picks and Billionaire Julian Robertson On Interest Rates and His Top Stock Picks For 2021.

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