Cramer Says Papa John's (PZZA) Can Really Execute
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Price: $19.60 -0.51%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 5.3%
Revenue Growth %: -9.7%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 5.3%
Revenue Growth %: -9.7%
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Last night, Jim Cramer says Papa John's (Nasdaq: PZZA) can really execute, whereas Domino's (NYSE: DPZ) just complains about the economy. While Papa John's does not complain and instead, on November 6th, PZZA beat its earnings estimates and raised its forecast. ,
Cramer told the audience that both pizza companies have long-term growth rates, but Papa John's deserves a higher multiple because its numbers are "bankable.". It also has better visibility, which is "a multiple enhancer."
Papa John's should see some upward movement in its stock today.
Cramer told the audience that both pizza companies have long-term growth rates, but Papa John's deserves a higher multiple because its numbers are "bankable.". It also has better visibility, which is "a multiple enhancer."
Papa John's should see some upward movement in its stock today.
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