After slightly weak guidance following the Q2 earnings report, Zoe's Kitchen (ZOES) has absolutely collapsed. The stock is now down from $38 to the $24 range providing a double bottom opportunity.
The valuation is reasonable at $475 million with revenues heading towards $333 million next year. Check out these other research posts:
Zoe's Kitchen: Patience Rewards Investors With Dip Opportunity
Opportunities In Restaurant Stocks
Disclosure: Long ZOES. Please review the disclaimer page for more details.