"Krispy Kreme Doughnuts (KKD): Boxer thinks the stock could benefit from the planned IPO of Dunkin' Donuts which could reportedly price as early as next week. For Krispy Kreme's part, Boxer says "the chart looks great." For the record, it is up 42% in 3 months and 187% in the past year.
Boxer says the company's turnaround and strong earnings growth last quarter "triggered the price/volume surge" which briefly pushed KKD above $10 for the first time in 4 years. Boxer says he "sees the stock in the mid teens."
Mid $teens.... as in $14-15-16.
I have been saying that for 2 years now. Some times I can be scarey good. But we'll see if it comes true. I think it will (next year). A $5 move north would be quite nice for the next 12-18 months! Awesome.