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Noodles & Company (NDLS) is dropping around 4% to $34 after the company issued guidance that was slightly below Wall St. estimates. It has been tough last 3 months for the company as they were effected by the Colorado floods and now the massive cold weather that hit the U.S. Comparable-Stores sales rose by 4.3% which was a great sign and there is still a chance the company will meet expectations with 3 weeks left in January. The long term growth outlook has not been affected at all. The company still expects to grow store count from 380 locations to 2,500 in 10-15 years.
As for Noodles & Company (NDLS) stock, I plan to either buy more below $32 or above $36. The stock can go either way at this point. NDLS is the top stock I am buying in my long term account in 2014 as long as it stays below $43.
Also see - Top Stocks 2014 - Stocks to Buy 2014
