Thursday, April 30, 2009


On April 28th Louis wrote:

Case in point: our most recent pick, Panera (PNRA). Just moments ago, the company reported that first-quarter operating profits were up 36% over 2008 numbers, meeting Wall Street’s forecasts. The boost in profits was due in part to the fact that sales increased nearly 1% in the quarter even as many restaurants saw decreased patronage. These strong results caused Panera to raise its second-quarter earnings estimates and reaffirm its full-year guidance—great news for the short- and long-term prospects of this company.
This strong report gives Panera the potential for big gains in the near-term, and I expect share prices to move up soon as a result.

1 comment:

Anonymous said...

he was wrong also on MYGN (20% down after earning result)