Jim Cramer on Wendy's: "They Got so Much Wrong"

The Wendy’s Company (NASDAQ:WEN) is one of the stocks that Jim Cramer spoke about. A caller asked for Cramer’s opinion on the company, and he replied:

“Wendy’s about to report, and it’s not going to be pretty. They got steak problem, you know, meat, meat. They got competition. They got so much wrong. The only thing they got right is that darn Baconator, because I know my wife eats them in her sleep.”

Wendy’s (NASDAQ:WEN) operates and franchises quick-service restaurants focused on hamburger sandwiches, while also managing owned and leased real estate.. When a caller inquired about the company stock in a May episode, Cramer replied:

“No, we are best of breed operators here. That’s who we are. We buy best of breed, and that means we can buy McDonald’s if you want a substitute for Wendy’s, which I have not liked for a very, very long time. I have said, get out of Wendy’s. I’m reiterating my get out of Wendy’s call.”

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Disclosure: None. This article is originally published at Insider Monkey.