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Noodles & Company (NDLS) closed back near $38 after hitting $39 on Thursday. It has been a great couple weeks for NDLS stock. After hitting bottom around $35.10 twice, the stock has rallied $4. Noodles & Company (NDLS) continue to fill the pipeline with new restaurants and they now have 38 coming soon. NDLS will have support around $37 and resistance at $39 and $40.41.
Noodles & Company (NDLS) is my top long term stock pick right now and I will continue to buy on dips. I see maximum $8 downside, $100-$200 upside in the next 5-7 years.
Also see - Top Stocks 2014 - Stocks to Buy 2014
