Domino’s has bested Wall Street’s earnings expectations in every quarter for the past year. Who knew that offering to fix potholes on your street would resonate with the pizza delivery market?īut the marketing move has paid off big. The company has shown considerable moxie this year, taking advantage of the downfall of rival Papa John’s and launching its own viral marketing campaign. In a throwback to my college days, today’s pick is Domino’s Pizza Inc. And this company might even fix the streets in your neighborhood while it delivers huge gains for your portfolio. That brings the restaurant industry’s annualized three-month gain to 25.3%, the fastest pace since 1992.Īs you might have guessed, today’s free trade idea looks to boost your returns by taking advantage of the market-leading restaurant sector. What’s more, restaurants were gangbusters on the month, posting a 1.3% rise in sales to $61.6 billion. retail sales rose a larger-than-expected 0.5%, blowing past economists’ forecasts for a meager rise of 0.1%. While the bump in wages hasn’t been as significant as the Trump administration promised, it has benefited many select retail names in the discretionary sector. Judging from economic data so far, Ted’s plan is coming together nicely. Among his top picks were consumer discretionary stocks.Īs he noted in the January issue of The Bauman Letter, this sector would see a bump this year due to the Trump tax plan and a push toward higher wages. Have you been following my colleague Ted Bauman?Īt the beginning of the year, Ted highlighted a few market sectors that he believed would do well in this increasingly uncertain U.S. “I love it when a plan comes together!” - Hannibal Smith, “The A-Team”
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |