29.11.2024 12:02:00
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Warren Buffett Just Made a Big Bet on Domino's Pizza, but This Restaurant Chain Is Growing Much Faster
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 steady, slow growth -- sales were up 5.1% in the third quarter, with a 3% increase in comparable sales.If you invest like Buffett, Domino's could be a candidate for your consideration. But not every individual investor should invest like Buffett. He runs a holding company and is answerable to shareholders, and his goals are different than the average investor's.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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