Seeking Alpha

With the recent success of Buffalo Wild Wings (BWLD), many investors have become interested in Diversified Restaurant Holdings (BAGR), the restaurant company that owns 35 Buffalo Wild Wings franchise locations. This might seem like a nice play of this growing restaurant chain, but in reality, an investment in BAGR is more about the company's burger concept, Bagger Dave's. The company will grow this concept from 19 locations in 2013 to 50 locations in 2017. If you want to play the fast casual trend in burgers, then BAGR might be your stock. But, even excluding the fact that I am not a fan of fast casual burger chains due to high competition, I believe the stock does...

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