From Nasdaq.: 2025-01-04 11:41:00

Domino’s Pizza (NYSE: DPZ) has been a winning stock, turning a $1,000 investment in 2004 into over $54,000 today, with returns over 50 times the initial amount. The company’s success is attributed to pizza’s continued appeal, its brand and technology advantage, room for store expansion, a growing dividend, and its current solid deal status. Despite a forward P/E ratio of just under 24, Domino’s is considered a quality stock to invest in. Analysts forecast an 11% annualized growth rate for the business in the long term. Berkshire Hathaway recently initiated a small position in Domino’s, adding to the stock’s appeal.



Read more at Nasdaq.: 5 Reasons to Buy Domino’s Pizza Stock Like There’s No Tomorrow