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GRUB - Food Delivery Disruption Will Drive Grubhub And Uber Higher
GrubHub Inc.
We believe, based on demographic trends, that Grubhub (GRUB) and Uber (UBER) are good, long-term buys here. Based on a number of trends we will evidence in the article, we believe GRUB and UBER will benefit most from them, and traditional restaurants such as McDonald's (MCD), which aren't part of the delivery model, will suffer.
Food delivery is an interesting concept. It has been around for a long time, but outside of special gourmet markets, traditionally, the choices for delivery have been slim; Chinese, pizza, or a local place. Companies like