Opinions
David Burrows
Wendy's Company
WEN-Q
BUY
Apr 10, 2006
Fast-food restaurants have been doing quite well. This stock has been acting very well. There had been a build up prior to the issue of Tim Horton's spin off. Expect things got a little ahead of themselves. Expect you can't go too far wrong with this one.
$61.070
Stock price when the opinion was issued
food services
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BUY
The street doesn't give this respect, as shares have been stuck in the low-$20s for 14 months. Today they reported a top and bottom line beat, including 16% same-store sales growth, and raised its full-year forecast a lot and hiked its dividend by 20%. And yet, shares rallied only 4%, still below pre-Covid. It's still cheap.
food services