The Bulls Are Out on Dunkin’ Brands
Dunkin’ Brands (NASDAQ:DNKN) has been good to shareholders over the past year. A modest dividend yield of 1.6 percent compliments the stock’s 34.9 percent year-over-year growth. Shares have come up 25.5 percent since the middle of November, outperforming its major competitor and investor darling Starbucks (NASDAQ:SBUX) for the period.
Dunkin’ Brands shares are up over 10 percent since the beginning of 2013, and two days ahead of its fourth-quarter and fiscal 2012 financial report is trading near its 52-week high of $37.22. One glance at the stock chart and it’s easy to see the momentum this company has heading into its earnings report. And while hype is a factor in any rally, Dunkin’ has the metrics to back up its bullish run.