This Stock Soared 309% From Its 2022 Low -- 2 Reasons to Buy It Now, and 1 Reason to Stay Away

2024 is almost over, and the S&P 500 (SNPINDEX: ^GSPC) is on the cusp of delivering its second consecutive annual gain of more than 20%. The 2022 bear market sure feels like a distant memory right now.DoorDash (NASDAQ: DASH) stock is currently up by 309% from its 2022 low point, thanks to the company's steady revenue growth, improving profitability, and expansion from food delivery into other markets. However, the stock is still trading 28% below its record high from 2021.Can the recovery continue? Here are two reasons to buy DoorDash stock now, and one reason investors should be cautious.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool