3 NFL-Ready Stocks to Kick Off the Season

These companies have a big stake in the gridiron

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3 NFL-Ready Stocks to Kick Off the Season

Buffalo Wild Wings

BuffaloWildWings185 3 NFL Ready Stocks to Kick Off the Season“Wings. Beer. Sports.” That about sums it up for Buffalo Wild Wings (BWLD), which started in 1982 as a single location in Ohio and now is a sprawling operation totaling more than 900 restaurants across North America.

While the menu is a bit more diverse than it was in 1982, wings — and 20 different sauces — still carry the menu, as do BWLD’s increasingly sprawling beer taps. Throw in Buffalo Wild Wings’ ample spread of big-screen TVs, and it’s clear why the wing-slinger is one of the nation’s most popular gameday spots.

Buffalo Wild Wings’ revenues have soared 85% between 2009 ($538 million) and last year’s break through the billion-dollar mark ($1.04 billion, to be exact). Net income has risen steadily, too, from $30.6 million to $57.3 million in the same time frame. BWLD’s most recent quarterly results were plenty encouraging, too, with sales up 28% year-over-year and profits up a whopping 41%.

The stock has nearly tripled in the past five years and is up 45% for the year-to-date. And while that P/E of 33 might feel daunting, there’s plenty of reason to be bullish for the long-term, according to Motley Fool’s Steve Symington and our own Kyle Woodley, the latter of whom wrote about BWLD in February but still is personally long the stock.


Article printed from InvestorPlace Media, http://investorplace.com/2013/09/3-nfl-ready-stocks-bwld-nke-dtv/.

©2014 InvestorPlace Media, LLC

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