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.
Top Analyst Picks With Strong Stock Buyback Activity »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
