When Buffalo Wild Wings (NASDAQ: BWLD) reported a sharp drop in earnings for the third quarter last November, the stock plummeted to a 52-week low of $14.50 during the succeeding two months.
At the time, I suggested that the fundamentals at the company were so strong that the analysts downplaying the stock and the investors driving the price down were mistaken.
BWLD recovered in early December and held on to those gains for the first part of 2009. With the release of the fourth-quarter earnings report yesterday, the stock has added another 30%-plus to its price.
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