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Top Stock Picks for the Week of July 23rd

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GrubHub Inc. , is an online and mobile food ordering company. It’s been a great 2018 for this company so far. Shares have outperformed the industry it belongs to on a year-to-date basis. The company is benefiting from a rapidly growing active diner base and strengthening delivery business. Acquisitions and partnerships are anticipated to help it rapidly penetrate the expanding food takeout market in the United States. GrubHub’s expansion outside the Tier 1 market is a positive. Its balance sheet remains strong.

Amazon.com, Inc. (AMZN - Free Report) , engages in the retail sale of consumer products and subscriptions in North America and internationally. With the company set to report earnings on July 26th, Zacksproven model indicates that the company is likely to beat estimates in this quarter. Meantime, shares have returned 55.1% on a year-to-date basis, outperforming the industry rally of 30%. Amazon Prime continues as catalyst in bolstering Amazon’s presence in the retail e-commerce sector. Also, this company generates strong cash flows.

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