PZZA - Papa John's a top pick at Longbow Research with innovation in the oven
Longbow Research sees upside for Papa John's International ([[PZZA]]) with more innovation in the company's product pipeline. "While the COVID-19 outbreak undoubtedly benefitted PZZA's predominantly delivery/take-out focused model, we believe a portion of investors lost sight in the process of substantial internal improvements implemented by new management over the last 12+ months."The firm is bullish enough on Papa John's to name it a top pick. Over the last 52 weeks, Papa John's has outperformed Domino's (+36% vs. +30%) with analysts and investors becoming more comfortable with management's direction. On Seeking Alpha, Michael Gayed took up the bullish case on Papa John's, while Poonam Aora is bearish.
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Papa John's a top pick at Longbow Research with innovation in the oven