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Noodles & Company (NDLS) rallied $5 this week and is red hot right now. NDLS is a stock I own for the long term and have been accumulating shares since July. Noodles & Company (NDLS) is expanding into new states like Florida and the company expects to grow store count from 380 locations to 2,500 in 10-15 years. This is massive growth! Soon, the company will also expand to Toronto Canada.
As for Noodles & Company (NDLS) stock, it's now testing the 50 day moving average. Watch resistance between $39-$40. 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