Your tasty 5,336% gain is just the beginning

Article Excerpt

Food delivery is one of the most dynamic businesses around these days, especially as the industry deals with COVID-19. But Domino’s Pizza—a favourite of ours—has long been a leader in getting its pizzas to happy customers. That’s given our subscribers an astounding 5,336.3% gain since we first recommended the shares in 2006. We still believe in this leader’s strong prospects and its outlook. It’s a Buy for our Power Growth Investors. DOMINO’S PIZZA $385.98 (New York symbol DPZ; TSINetwork Rating: Average) (www.dominos.com; Shares outstanding: 39.3 million; Market cap: $15.3 billion; Dividend yield: 0.8%) lets investors tap the world’s largest chain of pizza stores offering takeout and delivery. Domino’s operates over 17,173 outlets, in the U.S. and 85 other countries. Franchisees run most of these stores. Domino’s shares touched an all-time high of $422.15 in late August of this year. That’s after the company reported earnings that beat consensus expectations by a wide margin. The shares have retreated a bit to today’s price—but they are still up a whopping…

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