Let's talk WENDY'S

[Cellblock2429]

I hear you but I wasn't buying any until it got to around $9

/-----/ An old bit of advice from Wall Street. "Never try to grab a falling knife."
Unless it's money you don't mind losing, pick a stock that is moving upward with good financials.

 

[CrazyTrader55]

/-----/ An old bit of advice from Wall Street. "Never try to grab a falling knife."
Unless it's money you don't mind losing, pick a stock that is moving upward with good financials.

Can't argue with that one but there are other ways to make money. It may take a while but if Wendy's can turn it around, stock could be a triple from here.

 

[Polishprince]

/-----/ An old bit of advice from Wall Street. "Never try to grab a falling knife."
Unless it's money you don't mind losing, pick a stock that is moving upward with good financials.

WEN might be a real estate play? They've been closing a lot of locations that might be worth a lot when they are sold?

I don't see where Wendy's version of hamburgers is really going to make a comeback any time soon, but I could be wrong.

 

[Cellblock2429]

Can't argue with that one but there are other ways to make money. It may take a while but if Wendy's can turn it around, stock could be a triple from here.

/----/ It's your money. Open a paper trading account and put $100,000 on Wendy's making a comeback.

 

[Mr Natural]

Back in the day, when I used to eat fast food crap, I always thought Wendy’s was the best of them.

It seemed like it was actual real food.

 

[Cellblock2429]

Back in the day, when I used to eat fast food crap, I always thought Wendy’s was the best of them.

It seemed like it was actual real food.

/——/ It was better than McDs.

 

[TNHarley]

Used to be workers working in fast food could afford College tuition or a new car.

Todays minimum wage barely allows you to eat at the restaurant you work at

You vote for big govt and then whine when it destroys your currency

 

[leftwinger]

No one discusses Mercury or Buick cars? Why would one go overboard to discuss some non-relwvant bit player with empty drive thru 90% of the day?

 

[Cellblock2429]

Used to be workers working in fast food could afford College tuition or a new car.

Todays minimum wage barely allows you to eat at the restaurant you work at

/----/ Thank Big Gubmint that you vote for at every election.

 

[MarathonMike]

K shaped economy leaves less for masses to spend on food.

Also beef prices are spiraling up due to global warming drought.

These are hard on the bottom line of burger joints.

Chick-fil-A, Raising Cane's, Checkers & Rally's have sprung up everywhere eating up market share.

However Wendy's P/E is low, making it compelling. Also fewer people can cook their own food & will keep eating fast foood.

I drove by a Chick-Fil-A last night and there must have been 20 cars waiting in line. I've only seen that at MacDonalds. Wendy's never has a line. Just sayin

 

[Stryder50]

Used to be workers working in fast food could afford College tuition or a new car.

Todays minimum wage barely allows you to eat at the restaurant you work at

While living with mom and dad to provide the room & board, etc.

 

[Stryder50]

It is much more that minimum wage can no longer afford.

When I worked minimum wage, I could buy a new car on six months work. I could go to the movies for half an hour work. I could get six gallons of Gas for one hours work.

Minimum wage has not kept up with expenses …not even close

And you were living at home with your parents covering your basic living expense, room, board, etc.
You might have faulty memory as well.
I graduated in 1968 and the part-time job I had paid slightly over minimum wage of that era.
...
Adjusted for inflation, $1.60 in 1968 is equal to $15.29 in 2026.

Six months of fulltime, 40 hour/week at $1.60/hour = @ $1,664 gross. Then there's taxes to be taken out.
Now, car price then and inflation equivalent today;

Ford Fairlane V8 Fordor Sedan

$2,544

$20,400

How much did things cost in 1968 - USA

The prices of common items in 1968 in the USA

www.retrowow.co.uk

So you think a 2026 new car equal to that Fairlane will go for @$21,000 today ?

Price inflation rate from then to now is about twice the comparable. To have minimum wage with same purchase power it would have to be @ $30.00+ per hour. Skilled wages would have to be even higher. So inflation and other costs of living will also be much higher.

Basically we are paying twice or more for the same purchase power we had back in 1968.

 

[Stryder50]

The minimum wage today would have to be $10.28 an hour to match 1960.

More like @ $15.29 ...

Calculate the Value of $1.60 in 1968. How much is it worth today?

www.dollartimes.com

 

[Stryder50]

I remember prices then
$10.28 doesn’t cut it.

Didn't have the variety of consumer goods and services to select from back then either;
Fewer color TVs, no cell phones, or personal computers. Cars didn't have safety features and pollution controls they do now. Passenger air travel more limited and much more expensive.
It's sort of like comparing apples to bananas when doing then to now.

 

[rightwinger]

Didn't have the variety of consumer goods and services to select from back then either;
Fewer color TVs, no cell phones, or personal computers. Cars didn't have safety features and pollution controls they do now. Passenger air travel more limited and much more expensive.
It's sort of like comparing apples to bananas when doing then to now.

You can compare the price of food, gas, housing, utilities

 

[Dekster]

WEN might be a real estate play? They've been closing a lot of locations that might be worth a lot when they are sold?

I don't see where Wendy's version of hamburgers is really going to make a comeback any time soon, but I could be wrong.

They are doing stock buybacks to try to keep from spooking casual investors, but they are so deep in debt, I don't see how they stay out of bankruptcy this year

 

[Stryder50]

You can compare the price of food, gas, housing, utilities

Sort of, but those have changed in substance and often seen increased relative costs in production in past half century plus.

More organic, healthy, whole food now, but costs more to produce.
Gasoline now has anti-pollution additives, lead removed, more taxes added.
Housing is larger(more square feet), better insulated, better built and better quality materials and appliances.
Utilities; electric loosing inexpensive coal and being replaced with more expensive and less productive/powerful (not so)"green" wind and solar.

 

[Cellblock2429]

Can't argue with that one but there are other ways to make money. It may take a while but if Wendy's can turn it around, stock could be a triple from here.

/----/ If you had bought just 10 shares of Sandisk yesterday, you'd already be up $920 by noon today. That's more than you could make on 10,000 shares of Wendy's if you held it for a year.
Quit wasting your time with this used to be.

https://finance.yahoo.com/quote/SNDK/

 

[Polishprince]

/----/ If you had bought just 10 shares of Sandisk yesterday, you'd already be up $920 by noon today. That's more than you could make on 10,000 shares of Wendy's if you held it for a year.
Quit wasting your time with this used to be.

https://finance.yahoo.com/quote/SNDK/

View attachment 1214415

Nice pick.

My biggest holding, AMD, is doing very well today as well- but not this good.

 

[Cellblock2429]

Nice pick.

My biggest holding, AMD, is doing very well today as well- but not this good.

/----/ I only have 25 shares. It's all the cash I had left. I'm 95% invested and won't trade on margin.
I only have 300 shares of AMD.