Waitr Holdings Inc. Competetive Advantage

Michael Lane

Michael Lane

As an investor and member of numerous investment platforms and communities, I see how valuable investment research can be to better understand current market situation and make more accurate investing decisions.

$WTRH

Waitr Holdings Inc. (Nasdaq: WTRH) is a restaurant delivery service that offers catering, restaurant food and merchandise. The company was founded in 2012 by Michael W. Smith and Christopher Jeffries in Lafayette, Louisiana with the goal of delivering food in under an hour for less than $10 to the customers. Waitr Holdings has grown from just one location to over 200 locations across North America with plans on opening up more stores this year as well as expanding into new international markets such as Canada and Mexico where there is high demand for quick meal deliveries.

finviz dynamic chart for  WTRH

The restaurant delivery service company has announced it expects to double its investments in the year 2021. This is a result of the company's recent new national delivery agreement with BJ’s Restaurants, considered to be the latest several recent high-profile brands joining the platform. With this increase in funds, Waitr plans on doubling its headcount for customer care representatives and adding more restaurants which will be serviced by their drivers. In addition, they have also created an incentive program that rewards customers who refer other customers to order from them as well as rewarding drivers for delivering orders successfully.

Moreover, the company is expanding into the cannabis market through a partnership with Flow Payments, which will create a specialized platform to sell and deliver cannabis abiding by all regulatory directives. If Waitr Holdings gets the attention of investors then they'll be in for a wild ride. The small company could see some huge swings as speculators and major players start to pour money into it.

Waitr Holdings is one of the few stocks in its industry with a very low share price. This means that if investors start to bid up Waitr as a marijuana stock, it's going to lead to some big-time swings given how small their market cap and speculators are pounding on them because they have such favorable odds for growth.

Growth potential

The delivery company has been on the rise in recent years and is expected to continue this trend into 2021 with an estimated 12% annual growth rate and a return on equity of 36%. The company's market cap is currently $1.3 billion USD which makes it worth buying at these rates as there are many stocks which have not yet reached their potentials.

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