I bought Krispy Kreme (KKD) shortly after the IPO. Not very many people have heard of it on the west coast, but since I grew up in the Midwest, I knew how well the company was run (since 1938?). Now that it is all the rage out here with lines wrapped around the block wherever there is one, the stock is doing extremely well (I'm up 150%). Everyone says the P/E ratio is out of control, but they have been saying that since I was up just 10%...I can only say, have you ever eaten a Krispy Kreme Glazed doughnut right after it's done? There is nothing like their doughnuts and nothing like their stock!!!
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