A study of analyst recommendations at the major brokerages shows that Dominos Pizza Inc. (Symbol: DPZ) is the #40 broker analyst pick among those stocks screened by The Online Investor for strong stock buyback activity. To make that list, a stock must have repurchased at least 5% of its outstanding shares over the trailing twelve month period. In forming the rank, the analyst opinions from the major brokerage houses were tallied, and averaged; then, the list of stocks with strong buyback activity was ranked according to those averages.
DPZ operates in the Hotels, Lodging, Restaurants & Travel sector, among companies like McDonald's Corp ( MCD ) which is up about 0.6% today, and Starbucks Corp. ( SBUX ) trading up by about 1.5%. Below is a three month price history chart comparing the stock performance of DPZ, versus MCD and SBUX.
DPZ is currently trading off about 1% midday Monday.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.