The Skeptical
Investing Blog

DoorDash stock has done phenomenally well (+55.3% 6 months and +17.2% YTD), driven by consistent earnings beats vs consensus estimates, leading to a stock re-rating. However, I see risks ahead - 1) enthusiasm around new verticals (e.g. Grocery/Convenience) appears overhyped; 2) DoorDash is still barely profitable even with 60-70% market share; 3) Limited levers left to improve its unit economics. Read on for learn more.

CZBS received a substantial capital infusion under the Emergency Capital Investment Program (ECIP) at a preferred dividend cost of 0-2%. Despite a 300% rise in share price over the past two years, we think the stock still has room to run.

China’s recent government interventions have sparked a rally in stocks, raising hopes for a sustained turnaround. However, while the measures are a positive step, their impact may not be substantial enough to address the country’s deeper structural issues.