#4 - Domino's Pizza (NYSE:DPZ)
Normally my contrarian radar would be howling as I consider the idea that consumers will continue to order pizza when they can finally visit their favorite restaurants. But then I remembered that I have teenage children, and it simply makes sense. Pizza night is a staple for many families. And Domino’s Pizza (NYSE:DPZ) is a part of that culture.
DPZ stock is up approximately 28% in 2020 and nearly 35% in the last 12 months. This is an important consideration because, at the worst of the market selloff due to the pandemic, Domino’s stock remained positive for the year, and has continued on that trajectory.
That will be something for investors to consider when the company reports earnings in July. But for now, things look ideal for Domino’s. And the company even offers a small dividend which is no small feat when many companies have cut their dividends.
The stock is closing in on its 12-month price target, but analysts are still bullish on DPZ stock with expectations that it will continue to be a go-to dining out option as the economy recovers.
About Domino's Pizza
Domino's Pizza, Inc, through its subsidiaries, operates as a pizza company in the United States and internationally. The company operates through three segments: U.S. Stores, International Franchise, and Supply Chain. It offers pizzas under the Domino's brand name through company-owned and franchised stores.
Read More - Current Price
- $514.33
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 17 Buy Ratings, 8 Hold Ratings, 1 Sell Ratings.
- Consensus Price Target
- $516.19 (0.4% Upside)
