Jim Cramer Recommended These 5 Stocks

4. DoorDash, Inc. (NYSE:DASH)

Stock Gain since August: 12%
S&P 500 Gain since August: 9.4%

DoorDash, Inc. (NYSE:DASH) operates a logistics platform that connects merchants, consumers, and dashers. Its platform allows merchants to solve mission-critical challenges. While offering delivery services, the company was a big hit at the height of the pandemic when movement was restricted.

DoorDash, Inc. (NYSE:DASH) has greatly benefited from the growing demand for home delivery services.

“Even when the pandemic situation was looking better a few months ago, DoorDash, Inc. (NYSE:DASH) never went away. It turns out people like getting online delivery whether it is food or liquor. DoorDash does that too,” Cramer said.

DoorDash, Inc. (NYSE:DASH) has benefited from giving tier systems and giving breaks to struggling restaurants. By helping consolidate the industry and going big in the suburbs, Cramer reiterated that the company has reinvigorated its growth prospects.

While DoorDash, Inc. (NYSE:DASH) did come under pressure following the remarks by Cramer, it has started edging higher and is up by about 12%. It has outperformed the S&P 500, that is up by about 9.4%  over the same period.