DoorDash, Inc. (DASH): Not A Mad Dash But DoorDash! Says Jim Cramer

We recently published 10 Stocks On Jim Cramer’s Radar Including Big Tech Firms. DoorDash, Inc. (NASDAQ:DASH) is one of the stocks Jim Cramer recently discussed.

DoorDash, Inc. (NASDAQ:DASH) is a food delivery company whose shares have gained 51.9% year-to-date. Driving the share price gain are multiple catalysts such as robust earnings reports and strong analyst coverage. Cramer’s previous comments about DoorDash, Inc. (NASDAQ:DASH) have discussed the firm’s partnership with Domino’s Pizza. This time, he was full of praise for the firm’s CEO, Tony Xu:

“It’s not a Mad Dash! It’s a DoorDash! This quarter, not only was it unbelievable, much, much better than expected but Tony Xu, in the Q&A put on a clinic about how much you get the cellphone, and you get the app in, you just order a lot of stuff. In addition, the advertising I think is the gross margin, this is like a mini Amazon, where they started making money, from advertising. I loved it. I love Xu, he’s so smart that you know you, he’s one of those guys that you read it, and you say why didn’t I think of that? I remember seeing him and he goes, when I owned that restaurant, and I said you can’t, you can’t, I’m using another company. And he suddenly, solicits me, as one of your clients. He goes, yeah. Why don’t you go check? I mean the guy went and bought it. He is so aggressive. In his own quiet way. I call him the velvet fist. He’s wearing a velvet glove, but inside, Mohammad Ali. I love him. I love him. Nothing to do with the President, nothing at all. It’s a delivery company. This guy is amazing. I don’t know about you, but people, as he said, there are three times a day that you might want to bump into his company. Three times a day, seven days in a week. A lot of times. 21 times. So anyway, even up here I’d buy it. I think Tony is great. I haven’t seen him on TV lately, he used to come on the show. He hurt my feelings. But that’s okay! I’m recovering.”

Photo by Jon Tyson on Unsplash

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.