Buffalo Wild Wings: Don't Chase It Higher
- Buffalo Wild Wings is trading near an all-time higher around $200.
- The wings concept has missed earnings in the last three quarters and is starting to face more aggressive competition.
- The stock trades at a premium valuation considering the competitive environment and earnings misses.
Back in June, research indicated that Buffalo Wild Wings (NASDAQ:BWLD) wasn't worth chasing higher. The company was poised to produce better results going forward, but the valuation wasn't very attractive.
Read the full article on Seeking Alpha.
Disclosure: No position mentioned. Please review the disclaimer page for more details.