The Wendy’s Company (NASDAQ:WEN) is one of the stocks Jim Cramer had in this week’s game plan. Cramer showed pessimism around the stock, as he commented:
“Finally, Friday, we got a lagging fast food chain, Wendy’s… I think these two bookends are most appropriate… and unfortunately, losers keep losing, so you gotta avoid Wendy’s.”
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The Wendy’s Company (NASDAQ:WEN) operates and franchises quick-service restaurants specializing in hamburgers. During the September 19 episode, a caller asked for Cramer’s advice on the stock, and he responded:
“Too risky. Too risky. I mean, I can tolerate McDonald’s here. I actually like McDonald’s here at… Let me see, where’d it go out? I like McDonald’s at 302, and I really, I gotta tell you, I’m liking these, these kind of nice casuals like the, like the Darden and Texas Roadhouse, are down too much. They’re down too much. Limited downside here because all the bad news is now in after Darden.”
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Disclosure: None. This article is originally published at Insider Monkey.