Top Stock Pick 2014
Noodles & Company (NDLS) - Right now NDLS is trading around $46 per share. I see massive growth ahead for this company and the stock hitting $60-$65 in 2014. I'm now expecting over 50 new restaurant locations to be opened in 2014.
Noodles & Company (NDLS) is a fast casual restaurant chain that is seeing rapid growth. As of right now, they have 22 new locations in the pipeline three of which are entering the new California market. They also have one planned for Orlando which will allow them to enter the Florida market.
It is evident to me that Noodles management wants to ramp up growth. Hopefully we hear more about this on the conference call on November 5th.
In conclusion, I continue to buy more NDLS stock for the long term and will be adding on any significant dip. I think NDLS will hit $100 at some point in 2015.
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