I’m thinking about investing into $DNUT (+0,47%)
To me the company just seems so undervalued. A few months ago they announced that starting in the 2nd half of this year they’ll start putting Krispy Kreme donuts in McDonald’s and plan to be in thousands of McDonald’s by the end of 2026.
Some articles I’ve read from big analysts stated that they believe McDonald’s is just the start of Krispy Kreme partnerships and that the McDonald’s partnership could generate more than $300 million yearly which is huge for a $1.8 billion dollar company.
Currently Krispy Kreme is less than a dollar away from their all-time low with the average analyst prediction being $20, nearly a 100 percent upside.
Tell me what you think