Why I'm Still Taking a Hard Pass on Grubhub Stock

Six months ago, I was tasked with writing an article on the top food stocks to buy. Halfway through my research, I was certain I had my top three. 

Grubhub (NYSE: GRUB) was one of them. And why not? The company was growing like crazy, is a leader in a niche that's growing in importance, and appeared to be surrounded by one of the strongest moats there is: the network effect. 

Alas, after digging deeper, I decided to toss it from consideration. Six months later (with the stock dramatically underperforming the market), I'm still taking a hard pass on Grubhub. I think you should, too. Here's why:

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Source Fool.com