Is Domino's Pizza Stock a Buy?

When most investors think about high-growth stocks, their first impulse is to look to innovative young technology companies offering the latest cutting-edge capabilities. Yet the stock market doesn't always behave the way investors might think they should. Outperforming just about every major tech company over the past 10 years is a business that might seem about as simple as you can imagine: Domino's Pizza (NYSE: DPZ).

Domino's stock has jumped almost 2,200% in the past decade, and perhaps even more remarkably, it's up 22% so far in 2020. Given the bear market that the coronavirus pandemic brought on, posting any gain at all is noteworthy. As one of the only restaurant businesses to keep operating during the health crisis, Domino's deserves a lot of credit. But after its strong performance, does it always deserve your investing dollars? Here, we'll take a closer look at what's happened with Domino's and whether it's a buy right now.