Hence, GrubHub is a value investment as an acquisition target but not as stock. Therefore, I do not expect GrubHub to survive as an independent company.Read more
It also raises an interesting question for investors are there any potential Chipotles out there? That is small but profitable eatery stocks with a cult-like following.
Two stocks seem to stand out with the potential to become the next the Chipotle. The first is GrubHub Inc. (NYSE: GRUB) the popular meal delivery service’s shares were trading at $126.24 on 2 August 2018.
Grubhub has been displaying a lot of year-to-year revenue growth lately. Revenues grew by 48.96% between 1st quarter 2017 and 1st Quarter 2018. That means Grubhub’s revenues nearly doubled in a year.Read more