The firm said it believes Buffalo Wild Wings has the opportunity to see long term growth heading into 2015.
"Buffalo Wild Wings is our best pick in the restaurant industry heading into 2015, as we believe its long term growth opportunity, investment in technology, and current valuation compares favorably to its peer group," Stern Agee said.
For the 2014 fiscal year Stern Agee estimates that Buffalo Wild Wings will report earnings of $4.96 per share. For fiscal 2015 the firm estimates earnings of $6.02 per share.
Shares of Buffalo Wild Wings are up 0.64% to $174.50 in pre-market trading today.
Separately, TheStreet Ratings team rates BUFFALO WILD WINGS INC as a Buy with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation:
"We rate BUFFALO WILD WINGS INC (BWLD) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins."