Food Delivery Stocks: Top Delivery Companies

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List of Food Delivery Stocks

Below is a list of the most popular food delivery stocks. Food delivery companies are all the rage right now. Why? Well, unless you’ve been living under a rock, you know that the world of food service has changed dramatically since 2020. So, what does that mean for your trading or investing plan? Shouldn’t they change with the times?

Now, most sectors are fairly uncertain about what is on the horizon. Except for one, and that’s the food delivery business. This is why you will want to pay attention to the list of stocks that are in the right place, at the right time, to take up the most market share in this space.

Ultimately, we’re left with few options, one of which is to order in. And ordering in they are. CEOs from food delivery companies like Waitr, Uber Eats, Postmates, DoorDash, etc, indicate demand has skyrocketed over the past few years. 

SymbolName
GRUBGrubhub
HLFFFHelloFresh
UBERUber Eats
WTRHWaitr
DASHDoorDash
CARTInstacart

Waitr (WTRH)

Founded in 2013, Waitr is a leader in the on-demand food ordering and delivery arena. Recently, Waitr acquired food delivery company Bite Squad, which connects local restaurants to diners in underserved U.S. markets.

They are easy to discover, order, and receive great food from local restaurants and national chains.

As of December 31, 2019, Waitr and Bite Squad operated in small and medium-sized markets in the United States in approximately 640 cities.

If food delivery stocks are skyrocketing, we’ll discuss the moves in our live trading room.

Food Delivery Stocks Chart

HelloFresh (HLFFF)

Like fellow meal-kit maker Blue Apron, HelloFresh is a big and growing player in this market. From 2016 to 2019, HelloFresh has seen its share price grow from 12% to 26%. 

Once again, I would try to scalp HelloFresh, just like Waitr. Considering COVID-19 likely isn’t going anywhere soon, its volatility should continue along with your profits with time.

HLFFF Stock Chart

Are Meal Kits Safe?

Understandably, many may be nervous about handling packages, but you shouldn’t be afraid. According to the CDC: 

“There is no evidence to support the transmission of COVID-19 associated with food, and coronaviruses are unlikely to survive on the surfaces of food products or packaging”.

But, even though the virus can survive for up to 24 hours on cardboard, the likelihood is low. Just make sure to wash your hands thoroughly after handling any packages. Good hygiene is important right now, but there is no reason to be afraid to order food from somewhere. I would encourage you to be smart about it.

Final Thoughts: Food Delivery Stocks

Right now, the market is volatile, which is good for day traders. For many, volatility is their bread and butter. And when used in conjunction with technical indicators, you can find ideal entry and exit points. We will show you how. 

Please do not trade any of the securities on this food delivery stocks list unless you know how to trade.

Our editors independently research our articles and review the best products and services. We may receive commissions on purchases made from links in articles. All information provided is for educational purposes and is not investment advice or buy/sell recommendations. Read our full disclaimer.

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