5 Best US Stocks to Invest in According to Billionaires

4. DoorDash, Inc. (NASDAQ:DASH)

Number of Billionaire Holders: 35

DoorDash, Inc. (NASDAQ:DASH) is an on-demand delivery platform that connects customers with local restaurants, grocery stores, and retailers.

On May 8, Citi trimmed its price target on DoorDash, Inc. (NASDAQ:DASH) from $280 to $250, but kept its ‘Buy’ rating on the shares. The lowered target still indicates an upside of 61% from the current price level.

DoorDash, Inc. (NASDAQ:DASH) reported its Q1 results on May 6, with the company’s adjusted EPS of $1.14 beating expectations by $0.07. However, its revenue of $4 billion fell below estimates, despite a YoY growth of over 33%.

The online food delivery company’s total orders surged by 27% YoY during the quarter to 933 million. Marketplace GOV also increased by 37% to $31.6 billion. Moreover, DoorDash attracted more new customers in its US grocery business in Q1 2026 than in any previous quarter.

DoorDash, Inc. (NASDAQ:DASH) expects Q2 Marketplace GOV to be in the range of $32.4 billion to $33.4 billion, while adjusted EBITDA is guided at between $770 million and $870 million.

Artisan Partners, an investment management company, stated the following regarding DoorDash, Inc. (NASDAQ:DASH) in its Q1 2026 investor letter:

“Our biggest detractors in Q1 were DoorDash, Inc. (NASDAQ:DASH), MongoDB and ROBLOX. DoorDash operates a technology-driven local commerce marketplace. While the stock declined alongside the broader market, underlying results remained strong, with organic gross order volume up 25% and EBITDA up 29%. We increased our position on the pullback during the quarter, as results reinforced our view that DoorDash is gaining share across restaurant, retail and grocery delivery.”