Shares of Noodles & Company (NDLS) exploded this week after the company issued bullish guidance for 2014. Noodles and Company plans to open 65-69 new restaurants in the U.S and they feel confident in that pipeline this year. The result: NDLS stock rallied from $33.40 to $40.41 in three days. NDLS closed the week at $38.27 and is now up 7% in 2014.
Noodles & Company (NDLS) is a good investment for the long term and is the top stock I'm buying this year. I plan to hold NDLS for at least 5-7 years and I will continue to add to my long position. Noodles & Company expects to grow restaurant count from 380 locations to 2,500 in 10-15 years.
For more information in the top stocks in 2014, visit these links - Stocks 2014 - Top Penny Stocks 2014 - Stocks to Buy 2014
