Jim Cramer Talked About These 10 Stocks Recently

4. The Wendy’s Company (NASDAQ:WEN)

Number of Hedge Fund Holders: 33

A caller mentioned that they think that The Wendy’s Company (NASDAQ:WEN) has a good dividend and is attractive. When they asked about Cramer’s thoughts on it, he replied:

“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?”

Wendy’s (NASDAQ:WEN) runs and franchises fast-food restaurants that focus on hamburgers. The company is also involved in real estate development and handles property leasing. On March 31, when Cramer was asked about the company, he remarked:

“Okay, and when I see that dividend, that’s almost 7%, that is what I call a red flag. You can’t really have a dividend that high apart from…. unless you’re a utility company. I don’t trust Wendy’s. Eat the Baconator, don’t own the stock.”