Jim Cramer on The Wendy’s Company (WEN): “I’m Reiterating My Get Out of Wendy’s Call”

We recently published a list of Jim Cramer’s Thoughts on These 10 Stocks. In this article, we are going to take a look at where The Wendy’s Company (NASDAQ:WEN) stands against other stocks that Jim Cramer discusses.

A caller asked if it is a good time to buy The Wendy’s Company (NASDAQ:WEN) shares, seeing that the stock has declined recently. In response, Cramer said:

“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.”

A closeup of a juicy hamburger sandwich with tomatoes and lettuce, on a sesame bun.

Wendy’s (NASDAQ:WEN) operates and franchises quick-service restaurants that specialize in hamburgers. The company is also engaged in real estate projects and manages property leasing. On May 20, when Cramer was asked about the company, he remarked:

“Well, I’m going to go against you because they cut it, okay? And you know what? Once you, once a dividend gets cut, I don’t then go seeking to see if they’re going to… you hope that things are fine now. I didn’t like, that last quarter was not so good, you know. Look, everybody knows that my wife loves Wendy’s. She loves Wendy’s, but that’s not enough to buy the stock, alright?”

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