Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Is Domino's Pizza Stock a Buy?

TheMotleyFool

0 0

Domino's Pizza (NYSE: DPZ) was one of the most resilient restaurant chains during the pandemic. The pizza chain's delivery-based model was naturally insulated from store closures, and its prior investments in digital innovations -- including its mobile app, smart-speaker features, smartwatch apps, and even autonomous delivery robots -- gave it an edge in online deliveries.

But this year, Domino's stock has declined nearly 30% amid concerns of tougher post-lockdown comparisons and soaring inflation. Rising interest rates also squeezed pricier growth stocks like Domino's, which traded at over 40 times forward earnings when it hit its all-time high last December.

Image source: Domino's Pizza.

Source Fool.com

Like: 0

DPZ

Share