Black Coral Research
Dividend investing, dividend growth investing, value, medium-term horizon

Despite Its Strong Run-Up In 2013, Krispy Kreme Remains A Solid Stock

Like its sweet doughnuts, Krispy Kreme (NYSE:KKD) has given investors a bit of a sugar rush in 2013. As the chart below shows, the doughnut-maker's stock is up 77% in the year-to-date beating the returns of the S&P 500, the Dow Jones Food and Beverage Index and another popular doughnut maker, Dunkin' Brands (NASDAQ:DNKN) by a factor of at least 3 to 1.

Krispy Kreme Vs. Select Indices & Dunkin Brands

(click to enlarge)

Source: YCharts

Unlike the special glaze Krispy Kreme uses on its doughnuts, there's no secret recipe for its surge: it's all about good performance. To wit, the company has beaten analysts' trailing 12-month earnings estimates by 26%. In its most recent reporting...

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