Jim Cramer Says People Are Getting “Happier” & Discusses These 11 Stocks

5. DoorDash, Inc. (NASDAQ:DASH)

Number of Hedge Fund Holders In Q1 2025: 81

DoorDash, Inc. (NASDAQ:DASH) is a food delivery company. Its shares have whipsawed throughout 2025 but so far they have gained 28% year-to-date. The stock sank by 14% in April after the Liberation Day tariff announcement but ended up gaining 26% until early May only to crash by 13.8%. This time, DoorDash, Inc. (NASDAQ:DASH)’s dropped as the firm’s $3 billion in Q1 revenue missed analyst estimates of $3.1 billion and the firm announced it would spend close to $4 billion on acquisitions. This spooked investors as worries of a business slowdown stemming from economic weakness made the acquisitions appear unwise despite the fact that management asserted it was not experiencing weakness. Here’s what Cramer said about DoorDash, Inc. (NASDAQ:DASH):

“I think DoorDash is terrific and it’s going be, it’s still further consolidator. . . . .And these are all ones I’d buy.”

Artisan Partners discussed DoorDash, Inc. (NASDAQ:DASH) in its Q1 2025 investor letter:

“DoorDash, Inc. (NASDAQ:DASH) is the leading food delivery platform in the United States by market share. The business exceeded investor expectations in its most recently reported quarter, demonstrating continued strong execution. Orders grew 19 percent year-over-year, supported by 14 percent growth in monthly active users, while adjusted EBITDA rose 56 percent. First-quarter 2025 guidance was better than consensus expected, calling for 20 percent gross order volume growth. Our investment case continues to play out, and we continue to believe that consensus underestimates DoorDash’s longer-term earnings power.”