Heating Things Up

I stumbled upon an article this week in Business magazine about a company called TurboChef. The company seems great to me for a number of reasons, first and foremost, they have their high speed ovens in 20,000 Subway Restaurants. Another plus, is that they are currently testing their ovens in 100 Starbuck stores in North America for daily use. According to the article there was positive feedback so far from the tests. They recently signed a deal with the Compass group, the worlds largest food service company, to use their ovens in over 1,400 locations in the North American region. Another great thing about this company that I truly love is the fact that they have no debt, Did you hear that? NO DEBT! This company is in position to cook at a fast pace and should fry the competition. It should scorch from the levels it is at now of $18.50. Price target: $37