While I do love this stock, the macroeconomic factors (in particular the rising cost of gasoline) will hurt consumer spending in this segment in the upcoming quarters. I like this stock for the long-term, however I think it will have a rough couple of quarters. Its best to avoid this stock until things have settled down. If you have followed my recommendation from the beginning, I would suggest you...
Buffalo Wild Wings are a chain of 494 franchised and wholly owned restaurants in 37 states featuring a variety of menu items including its famous chicken wings spun in one of its 10+ signature sauces. The company’s restaurants also feature a full bar and approximately 40 televisions that are used for sporting events, PPV events, trivia, and video games. Investment Thesis ...
On May 26, 2006, I posted Buffalo Wild Wings (BWLD) on Stock Picks Bob's Advice when the stock was trading at $39.42. On June 18, 2007, BWLD had a 2:1 stock split, making my effective 'pick price' actually $19.71. BWLD closed at $27.23 on November 23, 2007, for a gain of $7.52 or 38.2% since posting. On October 30, 2007, Buffalo Wild Wings announced 3rd quarter 2007 results . Total re...