Our favorite place of employment: Wendy's Undervalued or fair value.

It's DD time, I don't always write one but here you go.

Stock Wendy's

Ticker: **WEN**

Closing price as of 06FEB : **$8.02**

Earnings: Beat the last 4 at **$0.20+ EPS**

Dividend: **$0.14**

Ratings: **Neutral to Buy**

Short: **15% at 29.48M of 190M Outstanding**

I get straight to the point so there not going to be a bunch of charts.

Currently Wendy's in a draw-down due to it loosing it's CEO last year, they are actively looking for a new one or the next year. The have not let this hurt the company as it has beat earnings every quarter since.

As a customer in a city several have built near me the only con I see is the need to cut some prices as McDonald's did last fall after the market could not bear high price fast food.

My thesis is this is very under valued for earning, dividend stock, and current price and could see a 2x Upside as soon a CEO is found or the market realizes this is cheap. The ATH over the past 5 years is $20 and the last year or so was about $16

So with that said this is stock that is great for accumulating is perfect for small accounts and they are still issuing dividends.

I have already bought a position and will continue to do so at these levels.