Jim Cramer Says “You Gotta Avoid Wendy’s”

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.”

While we acknowledge the risk and potential of WEN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than WEN and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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