2 new S&P 500 stocks to buy now
The post 2 new S&P 500 stocks to buy now appeared on BitcoinEthereumNews.com. ⚈ DoorDash and Expand Energy were recently added to the S&P 500, joining TKO Group Holdings and Williams-Sonoma during the Q1 rebalancing. ⚈ DoorDash is expanding beyond food delivery with new partnerships, while Expand Energy is scaling natural gas production and improving efficiency. ⚈ Both companies show strong potential, but their future growth will also depend on broader stock market conditions. At the end of the first quarter, the S&P 500 welcomed four new additions during its regular rebalancing: DoorDash (NASDAQ: DASH), TKO Group Holdings (NYSE: TKO), Williams-Sonoma (NYSE: WSM), and Expand Energy (NASDAQ: EXE). Among them, DoorDash and Expand Energy currently stand out as compelling investment opportunities, backed by strong fundamentals. DoorDash (NASDAQ: DASH) DoorDash continues to strengthen its foothold in the delivery and local commerce space. Its recent inclusion in the S&P 500 marks a significant milestone as the company evolves from a niche food delivery service into a diversified commerce platform. In Q1 2025, DoorDash’s total orders rose 18% year-over-year to 732 million, while marketplace gross order value (GOV) grew 20% to $23.1 billion. Revenue increased 21% to $3 billion, with the net revenue margin holding steady at 13.1%. This growth is driven by the firm’s expansion into new verticals and partnerships that extend beyond traditional restaurant delivery. For instance, recent collaborations with Ibotta, Walmart Canada, Wegmans, Chase, Max, and Lyft have broadened its offerings and improved customer reach. In this case, the Ibotta partnership enables AI-driven promotions across more than 115,000 non-restaurant retail locations, benefiting consumers and consumer goods brands. Additionally, DoorDash’s venture into the home improvement category through its alliance with The Home Depot allows customers to receive tools and materials on demand, often within an hour. Nonetheless, the delivery market remains highly competitive. In this case, rivals like Uber Eats and Grubhub continue to…
The post 2 new S&P 500 stocks to buy now appeared on BitcoinEthereumNews.com.
⚈ DoorDash and Expand Energy were recently added to the S&P 500, joining TKO Group Holdings and Williams-Sonoma during the Q1 rebalancing. ⚈ DoorDash is expanding beyond food delivery with new partnerships, while Expand Energy is scaling natural gas production and improving efficiency. ⚈ Both companies show strong potential, but their future growth will also depend on broader stock market conditions. At the end of the first quarter, the S&P 500 welcomed four new additions during its regular rebalancing: DoorDash (NASDAQ: DASH), TKO Group Holdings (NYSE: TKO), Williams-Sonoma (NYSE: WSM), and Expand Energy (NASDAQ: EXE). Among them, DoorDash and Expand Energy currently stand out as compelling investment opportunities, backed by strong fundamentals. DoorDash (NASDAQ: DASH) DoorDash continues to strengthen its foothold in the delivery and local commerce space. Its recent inclusion in the S&P 500 marks a significant milestone as the company evolves from a niche food delivery service into a diversified commerce platform. In Q1 2025, DoorDash’s total orders rose 18% year-over-year to 732 million, while marketplace gross order value (GOV) grew 20% to $23.1 billion. Revenue increased 21% to $3 billion, with the net revenue margin holding steady at 13.1%. This growth is driven by the firm’s expansion into new verticals and partnerships that extend beyond traditional restaurant delivery. For instance, recent collaborations with Ibotta, Walmart Canada, Wegmans, Chase, Max, and Lyft have broadened its offerings and improved customer reach. In this case, the Ibotta partnership enables AI-driven promotions across more than 115,000 non-restaurant retail locations, benefiting consumers and consumer goods brands. Additionally, DoorDash’s venture into the home improvement category through its alliance with The Home Depot allows customers to receive tools and materials on demand, often within an hour. Nonetheless, the delivery market remains highly competitive. In this case, rivals like Uber Eats and Grubhub continue to…
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