13 Best Consumer Discretionary Stocks To Buy Now

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11. Domino’s Pizza, Inc. (NYSE:DPZ)

Number of Hedge Fund Holders: 45

Domino’s Pizza, Inc. (NYSE:DPZ) ranks among the best consumer discretionary stocks to buy now. On June 17, BMO Capital Markets reaffirmed its $540 price target and Outperform rating for Domino’s Pizza, Inc. (NYSE:DPZ) after investor meetings with the company’s CFO and investor relations team.

Even in the face of difficult macroeconomic circumstances, Domino’s management has expressed optimism in the company’s prospects, continued growth in market share, and capacity to sustain business momentum beyond 2025. Specific information concerning the DoorDash partnership and Stuffed Crust goods was scarce, according to BMO Capital, and more details are anticipated during the second-quarter earnings report.

The firm further stated that the pizza chain doesn’t seem to face much risk from Middle East tensions. According to BMO Capital, Domino’s Pizza, Inc. (NYSE:DPZ) shares are reasonably priced, especially considering the possibility of similar sales growth in subsequent quarters.

Domino’s Pizza, Inc. (NYSE:DPZ) is a pizza company that operates through US stores, international franchises, and a supply chain segment.

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