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Papa John’s International, Inc. (PZZA): A Bull Case Theory

 We came across a bullish thesis on Papa John’s International, Inc. on Hidden Rock Capital's Newsletter’s Substack by Hidden Rock Capital. In this article, we will summarize the bulls’ thesis on PZZA. Papa John’s International, Inc.'s share was trading at $48.68 as of October 14th. PZZA’s trailing and forward P/E were 21.02 and 20.12 respectively according to Yahoo Finance.

[caption id="attachment_366945" align="aligncenter" width="750"] Noam Wind/Shutterstock.com[/caption]

Yesterday, news leaked that Apollo is preparing a takeover offer for Papa John’s Pizza (PZZA)...