In the food delivery business, DoorDash tends to get the lion's share of the attention, particularly on Wall Street. However, another delivery business might make a great stock pick, according to one manager.
At the 2024 13D Monitor Active-Passive Investor Summit, Scott Ferguson of Sachem Head Capital presented his thesis for a stock in the U.K. — one of two countries he said where equity value "goes to die."
Deliveroo
Deliveroo is the U.K.'s DoorDash. Ferguson described Sachem Head as an "engaged investor" in Deliveroo.
He said...