Billionaire Paul Tudor Jones’ Top 5 Stock Picks

3. Grubhub Inc. (NYSE: GRUB)

Ranking 3rd on the list of billionaire Paul Tudor Jones’ top 5 stock picks list is Grubhub. As per the latest 13F reporting period, Tudor boosted his holding in Grubhub Inc. (NYSE: GRUB) by 4,513% and it was valued at $18.368 million. The position in Grubhub accounted for nearly 2.1% of his total portfolio. GRUB’s share price increased by 33% over the last twelve months.

Grubhub is a leading online and mobile food ordering company. It managed the shift from offline to online food ordering for thousands of restaurants. The company has been expanding its partner base and now has more than 300,000 restaurants on its platform. Last June, Just Eat Takeaway.com (JET) and Grubhub agreed on a deal in which JET would acquire 100% of Grubhub via an all-stock transaction valued nearly at $7.3 billion. This merger was expected to be finalized in the first half of 2021.

Grubhub shares traded at $75.27 as of January 29, 2021 with revenues increasing by 262% over the last five years.