It’s no secret traders and investors supported tech companies in droves in 2021. So perhaps overlooked is a certain Louisville, Kentucky-based pizza chain that has delivered impressive returns over the past year. Since January 2021, Papa John’s Int’l Inc. stock’s 1-year return has outperformed several of the world’s most popular tech and consumer discretionary stocks: Amazon.com Inc., Snap Inc., Plug Power Inc., and Starbucks Corporation. As of June 29, 2021, Papa John’s operated 5,400 restaurants, which included 588 company-owned and 4,812 franchised in 48 countries and territories. North American franchisees operate more than half the company’s total restaurants and pay a 5 percent royalty on sales. The company was founded in 1984. Here’s how the returns break down from January 2021 to the present: Plug Power is down from $53.97 to $24.96 for a return of -53.75 percent. Snap is down from $54.31 to $41.36 for a return of -23.94 …
This Pizza Stock Has a Better 1-year Return Than Amazon, Snap, Plug Power, and Starbucks
January 10, 2022
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