Domino’s Pizza (NYSE:DPZ) stock price reached a New 12-Month High Following Analyst Upgrade on Friday.
DPZ has spent much of the last three months trading upwards. However, that may change on Thursday after the company reports earnings.
As of this writing, DPZ stock was up almost $80 (more than 20%) in the last 3 months.
That beats both the Dow Jones Industrial Average and the S&P 500, which are up 9% and 13.5% during that time, respectively.
Interestingly though, PepsiCo is handily outperforming Coca-Cola (KO) shares, which is down almost 9% over the last three months.
After going nowhere but up for awhile, bears will be looking to see if the stock can finally make a downside move and challenge its prior lows. This will probably hardly happen, especially with coronavirus going nowhere any time soon.