10 Best TaaS Stocks to Invest in According to Hedge Funds

6) Domino’s Pizza, Inc. (NYSE:DPZ)

Number of Hedge Fund Holders: 32

Domino’s Pizza, Inc. (NYSE:DPZ) is a global leader in pizza delivery and carryout services, carrying out services via a network of company-owned and franchised stores. The company has integrated advanced logistics and delivery systems into its business model, which aligns it with TaaS principles. As a result of this integration, the company continues to play a significant role in transporting food.

Domino’s Pizza, Inc. (NYSE:DPZ)’s performance is assessed not by its revenue but by system sales. From this, the company earns a consistent 10% commission on US retail sales and 3% on international sales, forming the bulk of its gross profit. Domino’s Pizza, Inc. (NYSE:DPZ) remains a highly attractive investment opportunity because of its strong market position, consistent profit growth, and innovative approach to both operations and capital allocation.

Domino’s Pizza, Inc. (NYSE:DPZ)’s strong business model, combined with its ability to adapt to changing market conditions, places it well for continued long-term success. It has built a reputation as a tech-savvy, innovation-driven company, leveraging creative approaches to fuel growth. Domino’s Pizza, Inc. (NYSE:DPZ)’s strong customer data to provide tailored offers and promotions should help order frequency and average ticket size.

A partnership between Domino’s Pizza, Inc. (NYSE:DPZ) and DoorDash should significantly support the former’s growth and operations in several strategic ways. DoorDash possesses a vast network of customers who regularly use its platform. Partnering with DoorDash enables Domino’s Pizza, Inc. (NYSE:DPZ) to tap into this audience, potentially reaching customers who might not otherwise order directly through Domino’s app or website.