"Since we added it over 1 month ago, it’s outperformed the market by a wide margin and is signaling exhaustion to the upside," writes Hedgeye CEO Keith McCullough. "Hedgeye Restaurants analyst Howard Penney still likes the fundamental business momentum. I’d simply like to lock this one in."
Since adding Panera Bread Company (PNRA) to Investing Ideas in February, the company is up +8.8% versus -1.0% for the S&P 500.
Click here to read Penney's original stock report on the company.