Why Domino's Pizza Stock Is a Perfect Fit for Warren Buffett's Portfolio

Shares of Domino's Pizza (NYSE: DPZ) are jumping on news that billionaire investor Warren Buffett has added the stock to his portfolio. It's a noteworthy development given that Buffett has been fairly cautious over the past year, opting to sell stocks and add to his cash position rather than buy into the current market rally. And so for him to buy Domino's Pizza is a sign to many investors that it could be a great buying opportunity.A closer look at Domino's does indeed suggest that this may be a prototypical Buffett stock. Here's why it shouldn't come as a big surprise that he decided to buy the stock.One thing you'll notice with Buffett's company, Berkshire Hathaway, is that many top brands are its largest holdings. And by top brands, I'm talking about names that will be largely recognizable to most consumers: Apple, Kraft Heinz, American Express, and Coca-Cola. They have been staples in the Berkshire portfolio for years and they are typically among the largest holdings. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool