|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||94.76 - 98.08|
|52-week range||58.35 - 110.95|
|Beta (5Y monthly)||0.61|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Four months ago, Grubhub (NYSE: GRUB) agreed to an all-stock merger with its European peer Just Eat Takeaway (OTC: TKAY.Y), which had recently been formed by a merger between two other food delivery platforms, Just Eat in the U.K. and Takeaway in the Netherlands. At the time, I noted the merger could solve Grubhub's biggest problems: its dependence on the saturated U.S. market, its decelerating growth, and its rising expenses. Grubhub's stock has rallied over 40% since the deal was announced, and I believe it still has room to run before Just Eat Takeaway closes the deal.
The ASOS share price has climbed 45% in 2020, while Just Eat shares are up 12%. But which has the better long-term growth potential? The post The ASOS share price: why I’d buy for an extended Covid lockdown appeared first on The Motley Fool UK.
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