Jim Cramer Recommends DoorDash for Young Investors

DoorDash, Inc. (NASDAQ:DASH) is one of the stocks Jim Cramer offered insights on. A club member asked for stock recommendations that teenagers would recognize and that are also solid investments with reasonable entry points for young investors, and Cramer stated:

“Yes, I do, okay. I would suggest DoorDash. I would suggest Robinhood, and I would suggest Reddit. Those three, I think, everybody would understand. Don’t have to buy them all at once. Let’s say, they want to buy 10 shares; buy them slowly. Buy two at a time. It’s okay. There’s no, in the old days, the commission for two was the same as a hundred. These days, no commish. Just go buy on the way down. Use 3 to $5 increments because those stocks are all high-dollar stocks, and then they’ll follow them because they know them.”

A stock market data. Photo by Alesia Kozik on Pexels

DoorDash, Inc. (NASDAQ:DASH) operates a commerce platform connecting merchants, consumers, and delivery contractors through its DoorDash and Wolt marketplaces.

While we acknowledge the risk and potential of DASH as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than DASH and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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