Jim Cramer Recommends DoorDash for Young Investors

DoorDash, Inc. (NASDAQ:DASH) is one of the stocks Jim Cramer offered insights on. A club member asked for stock recommendations that teenagers would recognize and that are also solid investments with reasonable entry points for young investors, and Cramer stated:

“Yes, I do, okay. I would suggest DoorDash. I would suggest Robinhood, and I would suggest Reddit. Those three, I think, everybody would understand. Don’t have to buy them all at once. Let’s say, they want to buy 10 shares; buy them slowly. Buy two at a time. It’s okay. There’s no, in the old days, the commission for two was the same as a hundred. These days, no commish. Just go buy on the way down. Use 3 to $5 increments because those stocks are all high-dollar stocks, and then they’ll follow them because they know them.”

DoorDash, Inc. (NASDAQ:DASH) operates a commerce platform connecting merchants, consumers, and delivery contractors through its DoorDash and Wolt marketplaces.

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Disclosure: None. This article is originally published at Insider Monkey.