The Crowd Is Selling Wendy's Stock. Here's Why It's a Buy Instead.
Takeover talk and recent C-suite changes suggest rebound potential for this fast-food stock.
Overview
Wendy's (NASDAQ: WEN) has fallen out of favor among investors. Over the past year alone, shares in the fast-food company have fallen by nearly 50%. Recently, the company has faced stagnant sales and falling profits.
Yet while its slide may be justified, I believe that at 10.8 times forward earnings, it's become one of the most undervalued stocks, especially after the emergence of strong potential catalysts.
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Details
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Originally published at www.fool.com.
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