Wednesday, March 24, 2010

Another Wendys Update

This week they announced another Share Buy Back program. The shares have been moving up on hig volume too. All good signs for this company. It's not too late to pick up these shares at these super low prices. I will pick some more up myself this week. Happy Investing. Tony

Wednesday, March 17, 2010

Wendys Update

Looks like my last post about Wendys/Arbys Group(WEN) was very timely. Even though I tend to look at the long term picture it’s always nice to get a nice short term gain. WEN is up around 8% since my last post about it. In today’s investing times I am happy to make that over a year so making it in a month is really sweet. I haven’t been getting many comments about my posts on this BLOG, where is the love? Getting comments is really important being it gives me an idea of what people expect to read about in this BLOG. Happy investing. Tony

Friday, March 5, 2010

Stock Turn Around Play

This post is about it being good to go against the herd sometimes when investing. I have a common sense out of favor conservative stock to consider to buy right now. I am talking about Wendy’s/Arby’s Group, symbol WEN. This company, the third largest, publically traded fast food company, lately has come on hard times. The stock has taken a huge haircut and is trading close to its 52 week low. In other words everyone has been selling so it’s now on sale big time. As the recession took hold they were very slow to introduce lower priced value items to their menu and as a result their earnings took a big hit. They are introducing breakfast items at Wendy’s and a value menu at Arby’s this year. These 2 things should help turn around their growth prospects. Also as the economy turns around people will start to eat out more and this company should benefit from this improvement. Their food is on the higher end of the fast food spectrum. It’s quality is almost as high as the casual dining sector they compete with. I believe as the economy turns people will trade up to their stores quicker than going out to eat at the lower end restaurants. They do have a small dividend of around 1.25%, so this helps also while you wait for the turn around. While this stock is more risky than many other I have posted about believe it’s a good long term buy. Tony