Thursday, February 7, 2013

Time to make the Donuts..

My pick for this qtr is Dunks.. DNKN.  I was looking at some food industry stocks - its been a while since we dabbled in that sector.  Domi-hogs has come a long way since then. I chose dunks because i think they have plenty of room for growth, especially onto the west coast.  Right now they plan on opening 1000 stores in Cali.  They've been advertising like crazy and they keep expanding their menu.   They are trading around $36 a share, close to 52 week high and their PE ratio isn't that great compared to its competitors like Starbucks and Krispy Cream.  But i have confidence.  I'm long on DD. 

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