5 Best Long Term US Stocks to Buy Right Now

In this article, we will take a look at the 5 Best Long Term US Stocks to Buy Right Now. For deeper discussion and analysis, read 11 Best Long Term US Stocks to Buy Right Now. 

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5. DoorDash, Inc. (NASDAQ:DASH)

Number of Hedge Fund Holders: 108

5-Year Average Revenue Growth: 54.7%

On May 8, Susquehanna lowered its price recommendation on DoorDash, Inc. (NASDAQ:DASH) to $225 from $250. It reiterated a Positive rating on the shares. The firm updated its model after what it described as better-than-feared Q1 results.

On May 11, Rothschild & Co Redburn raised its price target on DASH to $350 from $300 and kept a Buy rating on the stock. The analyst said the company’s growth over the next decade is expected to come more from deeper penetration within its existing U.S. restaurant base rather than expansion into new verticals. In a research note to investors, the firm said DoorDash’s move into in-store restaurant technology “unlocks a total addressable market twice the size of retail, with structurally higher margins and a wider moat.”

Rothschild also expects DoorDash to roll out its in-store restaurant technology across the US in 2026. The firm believes the business could eventually generate profit dollars worth three times the company’s entire projected 2025 contribution profit.

DoorDash, Inc. (NASDAQ:DASH) provides services designed to reduce friction in local commerce and help merchants connect with consumers in their communities. Its main offerings include the DoorDash Marketplace and Wolt Marketplace, together referred to as the Marketplaces, as well as its Commerce Platform.