Online order take-out service GRUB is having a pocket pivot. Earnings and sales are skyrocketing, institutional sponsorship has increased all 3 quarters since the company went public, group rank 48. One caveat is that the company has yet to double in price from its IPO price of 26. We generally prefer to see strong action earlier on such that the stock has at least doubled in price before buying as most winning stocks share this characteristic, unless the stock has only been trading for a few weeks in a weak market environment.
PPR - GRUB 1/8/15
|Published:||8 Jan 2015 19:56 ET|
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