Stockchase Opinions

Gerard FergusonGrubHub IncGRUBTOP PICKFeb 08, 2018

Leader in the food delivery and pick up app space. Valuation is expensive, but the growth is phenomenal at 50% year over year. Just got a deal with Yum Brands. (Analysts’ price target is $72.30)

$85.54

Stock price when the opinion was issued

$18.50

As of Jun 15, 2021. Market Open.

food services
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DON'T BUY
He's never looked at this stock. They seem to have a lower high and lower high this year so far. He'd like to see the old high of $82ish in early 2019 break, then it would be bullish. It's questionable though it's making a little rally now. He can't recommend it now.
PAST TOP PICK

(A Top Pick Feb. 8/18, Up 58%) They compete with Uber Eats. It is a big play on millennials. They work with a lot of restaurants. It is not a cheap stock, however. There are growing earnings.