Are Hedge Funds Bullish on Domino’s Pizza, Inc. (DPZ) Right Now?
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We recently compiled a list of the 9 Best Pizza Stocks to Buy Now.In this article, we are going to take a look at where Domino’s Pizza, Inc. (NYSE:DPZ) stands against the other pizza stocks.The pizza market is experiencing steady growth. IMARC Group reported in their market analysis of global Pizza market types (Vegan and Non. Vegan) that the worldwide pizza market size reached a whopping $148.6 billion in the year 2023. Looking forward, the analysts expect the market to reach a value of $222.5 billion by 2032 showcasing a compound annual growth rate of 4.45 % during the fiscal periods of 2024 to 2032.Pizza originated in Italy and is now popular all around the world owing to its versatile taste and texture. Many factors are involved in the growth of the industry, mainly the Westernized style of living, consumers’ preference towards online food delivery, and lastly, the introduction of relatively healthy varieties like vegan, low-calorie, and gluten-free pizzas.According to technavio’s...