Why Domino's Pizza Rallied 15% in November
Shares of Domino's Pizza (NYSE: DPZ) rallied 15.1% during November, according to data from S&P Global Market Intelligence.
Domino's didn't report earnings during the month, but nonetheless received votes of confidence not only from Wall Street analysts, but also from the Oracle of Omaha himself.
In mid-November, large hedge funds, mutual funds, and holding companies file their 13F filings, disclosing their buys and sells made during the prior quarter. On Nov. 14, Warren Buffett conglomerate Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) disclosed it had taken a stake in Domino's during the third quarter.
Source Fool.com
