5 Best Ice Cream Stocks To Buy Now

4. The Wendy’s Company (NASDAQ:WEN)

Number of Hedge Fund Holders: 28   

The Wendy’s Company (NASDAQ:WEN) operates as a quick-service restaurant company. It is one of the top ice cream stocks to invest in. On September 07, Bernstein analyst Danillo Gargiulo initiated coverage of The Wendy’s Company (NASDAQ:WEN) stock with an Outperform rating and a $25 price target, saying that the company’s focus on breakfast and recent technology investments to spur online sales was expected to accelerate sales growth.

Among the hedge funds being tracked by Insider Monkey, New York-based investment firm Trian Partners is a leading shareholder in The Wendy’s Company (NASDAQ:WEN), with 25 million shares worth more than $478 million.