Friday, September 11, 2015

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. 



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