Business
Why it could be a good time to buy Domino’s (ASX:DMP) shares
While the recent volatility has been disappointing, one positive is that it has dragged a number of growth shares down meaningfully from their recent highs.
One ASX growth share that could be in the buy zone now is Domino’s Pizza Enterprises Ltd (ASX: DMP).
Why Domino’s?
This pizza chain operator could be a great option for growth investors. Since the Domino’s share price hit a record high of $115.97 in February, it has pulled back by approximately 25%.
This appears to have left its shares trading at an attractive level for long term focused investors. This is due to its bold expansion plans, strong market position, and long track record of same store sales growth.
In respect to its expansion plans, at the end of the first…
-
Noosa News10 hours agoExperts share tiny home warning as interest from young people soars
-
Noosa News17 hours agoKarenia cristata species source of toxins in SA’s algal bloom, scientists believe
-
Noosa News10 hours agoExpert’s warning as tourists stunned by hundreds of sharks spotted close to shore at Moreton Island, Queensland
-
General23 hours agoSir David Beckham receives knighthood from King Charles at Windsor, with wife to be known as Lady Victoria
