Username Password
S&P 500: 1,317.11 Change: -0.21%
rjm77me
P&P Score: 99.94   Points: 616.65   Accuracy: 77.28%   Average Pick Score: 0.89   Annual Return: 32.85% (94.05% since 7/16/09)  

rjm77me's Blog : ZAKS like BWLD - and has SELL rating - go figure- I am a buyer

Date May 7, 2010  Edited: May 12, 2010    Comments Comments (4)    Rate this post Recommend This Post (79)   
Bookmark and Share
Abuse this post  Report Abuse
Please report this as abuse only if you believe it violates People And Picks  Terms of Use
You must log in to send an abuse report.
Share ThisShare This
Zaks rating are based on relative streangth and not fundamentals or other factors.

ZACKS INDUSTRY OUTLOOK: Restaurant Industry Stock Review - May 2010
In the midst of what is expected to be a moderate recovery, there are three potential drivers of net income growth for the restaurant industry: unit expansion, improved same-store sales and cost cuts. We like (BWLD), (MCD) and (CMG).
Despite the sluggish environment, there are defensive stocks in the restaurant industry that promises long-term growth opportunities. Buffalo Wild Wings Inc. (BWLD - Analyst Report) offers investors one of the strongest growth stories in this space with an annual growth target of 13% to 15% in units and 20% in net earnings. Buffalo Wild Wings has also been able to consistently deliver positive comps even when the recession hit the economy.
ZAKS also has SELL 4 rating - so go figure - left hand does not know what right hand is doing. We blame Goldman for doing same. At least ZAKS should move their rating to hold before liking a stock.
I am a buyer at these levels.
PLEASE DO YOUR OWN HOME WORK
Tags : BWLD   MCD   CMG  

4 Comment(s):

Author rjm77me     Date May 8, 2010 17:38 Abuse this post Report Abuse
Please report this as abuse only if you believe it violates People And Picks  Terms of Use
You must log in to send an abuse report.
Please let it move up atleast 75 cents on 1.5 x volume to hit the buy button - then hold for 5 to 10% gain in 10 days - Please use proper trade management
Author rjm77me     Date May 10, 2010 17:11 Abuse this post Report Abuse
Please report this as abuse only if you believe it violates People And Picks  Terms of Use
You must log in to send an abuse report.
I started nibbling on BWLD options today
Author rjm77me     Date May 11, 2010 09:07 Abuse this post Report Abuse
Please report this as abuse only if you believe it violates People And Picks  Terms of Use
You must log in to send an abuse report.
Buffalo Wild Wings upgraded to Buy at MKM Partners (37.43 )

MKM Partners upgrades BWLD to Buy from Neutral based on valuation. The firm says BWLD is still confronted with a more promotional environment in alcoholic beverage sales, and that the longer-term commodity outlook still warrants caution. However, they expect BWLD to continue to gain market share at the expense of more established bar-and-grill rivals.
Author rjm77me     Date May 12, 2010 14:40 Abuse this post Report Abuse
Please report this as abuse only if you believe it violates People And Picks  Terms of Use
You must log in to send an abuse report.
BWLD just needed a nudge which was provided by one up grade - Short covering is fueling the stock up wards.
Want to comment on this post? Sign up now. It's FREE!
Already registered? Log In.
Sponsored Links