The COVID-19 pandemic has altered the way we live, work, and spend our time. Numerous countries have implemented strict lockdowns and social distancing to limit the spread of this persistent virus. More data is being consumed as people work from home and children engage in home-based learning activities, while food delivery has become the norm as restaurants and cafes shut their dine-in areas.
One restaurant chain that has been coping well is Domino's Pizza (NYSE: DPZ). Not many restaurant chains have displayed such impressive growth in revenue and net income over five consecutive years. This makes the company one of the more attractive consumer stocks to consider.
Given the current circumstances, should you still think of accumulating the stock of Domino's Pizza?
Continue reading