Monday, May 16, 2011

Wendys (WEN)

I have one of those feelings about a stock that I believe is about to break out. Wendys (WEN) has been hanging around the $4.50-5.50 a share range for over a year now. The turnaround at Arbys has started and a buyer will materialize for them soon enough. Than the company will be able to focus on growing the Wendys brand which I think has the best food out of the big three Burgers leaders. Not sure how there Breakfast roll out will work but it should add some revenue to their bottom line. International expansion seems like the right way to go. It’s working for McDonalds and Yum Brands. So buy Wendys short and long term, IMHO. Happy Investing. Tony

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