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Warren Buffett Just Made a Big Bet on Domino's Pizza, but This Restaurant Chain Is Growing Much Faster
The Motley Fool· 2024-11-29 11:02
Warren Buffett makes headlines every time he buys or sells a stock. Most recently, his holding company, Berkshire Hathaway, added two new stocks to its equity portfolio: Pool Corporation and Domino's Pizza.This is the first time Buffett has taken a stake in the largest pizza chain in the world, and it's not a surprising pick. Domino's is a pretty classic Buffett choice due to its global brand name, dominance in its industry, dividend, and resilience as a cheap eatery. But it's also a mature company with ste ...
BROS Stock Hits 52-Week High: Should You Buy Now or Wait for a Dip?
ZACKS· 2024-11-27 15:20
Shares of Dutch Bros Inc. (BROS) have been showing impressive gains of late. On Tuesday, the stock reached a new 52-week high of $53.29 before closing slightly lower at $52.97.This milestone comes amid stellar third-quarter results and an optimistic outlook for the coming years, fueling a 51.6% surge in the stock price since the earnings announcement. The company's strong third-quarter performance exceeded expectations, with a 28% revenue increase and 2.7% systemwide same-shop sales growth, both on a year-o ...
Is Dutch Bros a Buy, Sell, or Hold in 2025?
The Motley Fool· 2024-11-26 16:11
Is Dutch Bros the next big thing? Check out the risks and opportunities of this rising coffee star.Coffee chain Dutch Bros (BROS 1.48%) is on a roll. The company has crushed Wall Street's consensus estimates in the last six earnings reports, driving stock prices 80% higher over the last year. Is Dutch Bros a great stock to buy heading into 2025, a risky investment to sell today, or something in between?Let's find out.The bullish argument for Dutch BrosFamous for its high-energy customer interactions, a focu ...
WARNER BROS. DISCOVERY, INC.
GlobeNewswire News Room· 2024-11-26 16:01
NEW YORK, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP announces that a shareholder has filed a securities class action lawsuit on behalf of investors (the “Class”) who purchased or acquired the securities of Warner Bros. Discovery, Inc. (“WBD” or the “Company”) (NASDAQ: WBD) between February 23, 2024 and August 7, 2024, inclusive. For more information, submit a form at Warner Bros. Discovery, Inc. Shareholder Class Action Lawsuit, email Investor Relations Manager Peter Allocco at pallocco@bernl ...
5 Restaurant Stocks to Buy Ahead of Thanksgiving Day
ZACKS· 2024-11-25 13:56
U.S. stock markets have been witnessing an impressive rally since the beginning of 2023 barring some hiccups. Wall Street’s bull run has got an added boost this year, to the surprise of a large section of financial pandits, who indiscriminately warned of overvaluation.The last two months of the year are characterized as the holiday season. This year, Thanksgiving Day will be celebrated on Nov 28. This day is associated with feasting on turkey, sweet potatoes, wine and a lot more. Given that good food is the ...
2 Supercharged Growth Stocks That Are Crushing the Market
The Motley Fool· 2024-11-23 11:45
The S&P 500 continues to climb this year, and it's up nearly 24% as we get closer to the end of 2024.Although there's strong market momentum, there's also concern that valuations are inflated and the market could drop. The reality is that it's no different than any other time. No one knows with certainty where the market is going. So it's always important to be prepared for ups, downs, boring movements, and black swan events with a diversified portfolio, including secure stocks.Keep your eye on the goal -- ...
2 Restaurant Stocks That Could Make You a Millionaire
The Motley Fool· 2024-11-23 08:15
When it comes to investing in restaurant stocks, investors are always on the lookout for the next Chipotle Mexican Grill (CMG 3.38%) or Starbucks (SBUX 2.44%), two of the biggest winners in the space over the past 15 to 30 years. These two stocks would have created a lot of millionaires out of investors who bought them in their early days as public companies and held on to the stocks.Let's look at two stocks that could follow these two iconic restaurants and be the next millionaire-making restaurant stocks. ...
Dutch Bros Inc. (BROS) Hit a 52 Week High, Can the Run Continue?
ZACKS· 2024-11-21 15:15
Have you been paying attention to shares of Dutch Bros (BROS) ? Shares have been on the move with the stock up 51.4% over the past month. The stock hit a new 52-week high of $52.98 in the previous session. Dutch Bros has gained 66.2% since the start of the year compared to the 24.6% move for the Zacks Retail-Wholesale sector and the 6.5% return for the Zacks Retail - Restaurants industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our ea ...
Buy These 5 Restaurant Stocks With Growth Potential as Sales Soar
ZACKS· 2024-11-20 20:00
The U.S. restaurant industry has grown at a solid pace over the past couple of years even though prices posed a major challenge for both consumers and operators. Higher personal income and spending have been the major factors driving sales amid inflationary pressures.Last week, the Commerce Department reported that restaurant sales grew at a solid pace in October, and is on track to end the year on a high.Given the positive outlook, investing in restaurant stocks, such as CAVA Group, Inc. (CAVA) , Dutch Bro ...
Huge News for Dutch Bros Stock
The Motley Fool· 2024-11-17 10:18
Restaurant and food stocks have struggled mightily in 2024. Dutch Bros (BROS -0.62%) has bucked this trend. The coffee shop and drink chain's stock is up 43% in the past month after posting huge growth in the third quarter. Investors are betting big on this West Coast consumer favorite and its expansion plans across the rest of the United States.Dutch Bros is coming for the coffee competition and proved yet again with these recent earnings results that it is a force to be reckoned with in the food and drink ...