26.11.2024 02:20:00
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3 Reasons Why Domino's Pizza Stock Could Be a Great Buy for Investors Who Think Like Warren Buffett
On any given morning in Omaha, Nebraska, one can expect to find Warren Buffett buying breakfast at the local McDonald's. The billionaire investor loves to stop by the hamburger chain on his way to the office to run his trillion-dollar empire Berkshire Hathaway. But when it comes to Berkshire's latest investment, it's not buying Buffett's beloved burgers. Rather, it's buying shares of Domino's Pizza (NYSE: DPZ).On Nov. 14, Berkshire Hathaway disclosed that it had purchased nearly 1.3 million shares of Domino's Pizza. But investors can't say with certainty that the decision to buy the pizza stock came from Warren Buffett himself. At 94 years old, he's started entrusting more investment decisions to certain people around him.That said, what Buffett looks for in an investment is well known, and those in his inner circle think about investing much as he does. Therefore, whether it was directly his choice or the decision came from someone else, investors can have confidence that Domino's Pizza stock checks some important boxes for Buffett.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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