Tech company that sells pizza: Cramer bites in

Domino's beats; CEO talks cheese & Dom
Domino's beats; CEO talks cheese & Dom   

One quick-service restaurant has embraced the technological landscape as part of its business model, and it's moving full steam ahead with pockets full of profits.

Jim Cramer recently highlighted Patrick Doyle, the CEO of Domino's Pizza as one of his Bankable 21 CEO's in his book "Get Rich Carefully," and that was not by accident. Cramer thinks that under Doyle's leadership, Domino's has been a resonant leader in the quick-serve space because of growth, innovation and quality.

On Tuesday morning, Domino's Pizza reported a stellar quarter, and the stock rose 11 percent, to an all-time high of $84. The company delivered a 2 cent earnings beat on higher than expected revenues that rose 10.5 percent, year-over-year. The cherry on top of the ice cream sundae was that Domino's posted a 7.7 percent rise in its domestic same-store sales and a 7.1 percent increase in international same-store sales, which was much more than what the market was expecting.

"These numbers were phenomenal, which is why I think the stock deserves ever single penny of today's gains," Cramer added.

Pizza pie
EINariz | Getty Images

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Domino's has managed to gain an edge among its competitors by utilizing technological innovation that the competition has not managed to grasp. This pizza company is taking tech by storm, as digital orders are nearly 50 percent of sales. It now also offers voice ordering for iPhone and Android apps.

The "Mad Money" host also thinks Domino's has also used its recent cash flow to show some love to investors, too. In 2013, it had $97 million in share repurchases, reduced debt and in addition to the quarterly dividends paid they also paid two special dividends in 2007 and 2012.

Domino's is the second largest pizza chain, and the largest pizza delivery chain in the U.S. with more than 11,000 stores in more than 70 international markets. Cramer sees that Doyle is not letting Domino's sit back and kick its feet up.

The pizza company might just be a shining light among the dark market these days. "Even in a treacherous market where people seem to panicking almost constantly, there is something that can send stocks rocketing higher, and that's a fantastic earnings report," Cramer added.

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