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Tuesday, April 14, 2015

Noodles & Company (NDLS) Stock Analysis 4/14/15 April 14, 2015

Noodles & Company (NDLS) Stock Analysis 4/14/15 April 14, 2015 - @Stockstobuy -

Noodles & Company (NDLS) has exploded higher over the last two days and traders and investors buy ahead of the earnings report in a few weeks.  The company will also open their first location in Arizona today in Tempe.  Analyst estimates have dropped down to $0.05 on $109 million in sales which should be easy to beat.  If Noodles & Co does beat earnings, expect the stock to return to the $22-$25 area.  If the company would raise guidance, expect $25-$28.

NDLS stock has been a good buy in the $17's on every dip.  I don't see much more downside from here except maybe a drop into the $15's.  Shares will now have resistance at $19.30.

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