Domino’s Pizza (DPZ) has been outperforming the market. Alex Coffey and Jenny Horne discuss pizza stocks. They look at DPZ, Papa John’s (PZZA), and Yum Brands (YUM). They talk about how BMO Capital upgraded DPZ to outperform from market perform and kept its $430 price target. They then go over how Stephens initiated an overweight rating on PZZA. Alex then demonstrates an example trade using PZZA. The trade type is a sell put vertical and the direction is neutral to bullish. Tune in to find out more about the stock market today.
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