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Re: MikeBK205 post# 111

Wednesday, 03/05/2014 5:58:07 PM

Wednesday, March 05, 2014 5:58:07 PM

Post# of 242
I have a 1 1/12 year price target of 80$ as of now based on forward P/E and that's at the low end. They will acquire a new chain this yer but no one is sure which one and their acceleration of growth is extremely exciting considering they are only in 1/3 of the US and global growth is barely scratched. That coupled along with their unique food advisory council (which is a industry leader) they could see huge upsides over the next 1 1/2 to 2 years.
I am sitting on a core position now with ample cash on hand as I expect their 1Q earnings to possibly take a hit due to weather and that could be the last time you ever see 40's.