03.12.2024 15:53:00

Could Domino's Pizza Be a Millionaire-Maker Stock?

Takeout pizza chain Domino's Pizza (NYSE: DPZ) has been around since the 1960s, but the past 15 years have come to define the company. Domino's completely redesigned its pizza recipe in 2008 and 2009. That was a risky move for a company with decades of brand recognition, but it paid off big time.The company's success has reached new heights, as has the stock. A $15,000 investment made in early 2010 would be worth over $1 million today. In a global pizza industry that's worth an estimated $160 billion and is packed with fierce competition from other chains and countless local shops, Domino's is a juggernaut.But can investors still expect similar outsized returns in the future?Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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