Uber and more: UBS picks food delivery stocks set to pop by over 30%

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has listed seven stocks to buy in online food delivery, as the market looks set to boom in the next couple of years.

People ordering takeout more frequently — and spending more when they do — means the sector could reach a value of almost $400 billion by 2024, the bank said. A Euromonitor estimate, meanwhile, said it could be worthThe sector, which already got a boost as people stayed at home during the coronavirus pandemic, is set for a compound annual growth rate of more than 20% a year between 2019 and 2024, UBS analysts led by Sreedhar Mahamkali said in a note published last week.

 

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Pro Interesting take as the economy opens up. I'll do the opposite - thanks

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UBS names its top 15 global stocks with more than 25% upsideNew for subscribers: UBS names its top 15 global stocks with more than 25% upside. Check out CNBCPro today. Pro Hey You Reading this✋ Please support true journalism Please subscribe our channel it needs only 1sec Your 1sec and 1 sub means a whole world to someone Guys Thank you :) Pro Now we know exactly which positions UBS is looking to exit. Pro With your mobile phone or PC you can be earning up to $106 everyday, all you need to do is send me a message now or follow the link below to get the app and also started.
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