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Staples, Inc. Message Board

cat_tracker_2000 1 post  |  Last Activity: Feb 28, 2015 10:29 AM Member since: Mar 7, 2000
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  • cat_tracker_2000 by cat_tracker_2000 Feb 28, 2015 10:29 AM Flag

    To Earnings.................
    Initiating Coverage On El Pollo Loco With $33 Fair Value
    Feb. 28, 2015 5:15 AM ET | About: El Pollo Loco Holdings (LOCO)
    Disclosure: The author has no positions in any stocks mentioned, but may initiate a long position in LOCO over the next 72 hours. (More...)
    Summary
    •We believe concerns over LOCO's expansion are overdone.
    •We believe LOCO's future success rests on the company's ability to continue to be the number one health-choice fast-food alternative in certain regions.
    •We believe a fair value for the stock is $33, and recommend buying the stock on any pullback towards the stock's 50-day SMA.
    See Ya At $40......................
    :):)

SPLS
17.01+0.25(+1.49%)Mar 2 4:00 PMEST

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