Jim Cramer Says Buy Domino's Pizza on Dip Despite Increased Cheese Costs
Jim Cramer says investors should not be worried that the price of cheese has increased for Domino's and the stock is a buy now that shares pulled back to the low $70s.
TheStreet's Jim Cramer says investors should not be worried that the price of cheese has increased for Domino's because the increased cost will only affect the small number of company-owned stores, and Domino's is a franchise model. Cramer says this is an opportunity for investors to buy a high-quality stock, which went from $10 to $80 when CEO Patrick Doyle took over, and now that the stock has pulled back to the low $70s Cramer says investors should buy shares.
