Jim Cramer on DoorDash: “I Like the Company and Management Very Much”

3 days ago 5

Syeda Seirut Javed

Sat, June 6, 2026 astatine 10:06 AM CDT 1 min read

DoorDash, Inc. (NASDAQ:DASH) was among the stocks connected which Jim Cramer gave his opinion, arsenic helium warned that accrued AI-related spending mightiness origin near-term headwind for stocks. A caller asked whether the institution could support its growth-stock valuation if elevated state prices and slowing user discretionary spending exposure vulnerabilities successful its concern model. Cramer replied:

I think… this is simply a large question. I statement it each the clip due to the fact that there’s a mates of stocks that came nationalist during a period, and there’s benignant of wavering sometimes. I deliberation Tony Xu has done a singular occupation putting unneurotic the fig 1 institution successful its field. I deliberation that you’re perfectly right. It sells astatine a premium multiple, 32 times earnings; possibly that’s excessively expensive. Maybe the banal would beryllium amended bought if it got down to $100 to $120. But that said, I similar the institution and absorption precise much.

DoorDash, Inc. (NASDAQ:DASH) runs a commerce level that connects merchants, consumers, and transportation partners. The institution provides delivery, payment, and selling solutions, arsenic good arsenic subscription and white-label services for businesses.

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