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Maplebear Inc. (CART): A Bull Case Theory

We came across a bullish thesis on Maplebear Inc. (CART) on Chit Chat Stocks’ Substack. In this article, we will summarize the bulls’ thesis on CART. Maplebear Inc. (CART)'s share was trading at $47.02 as of 28th May. CART’s trailing and forward P/E were 30.95 and 19.12 respectively according to Yahoo Finance.

[caption id="attachment_1224157" align="aligncenter" width="768"] A delivery truck filled with grocery items heading to a local school.[/caption]

Instacart (CART) has emerged as the dominant third-party grocery delivery platform in the U.S., controlling over 70% market...