WEN Legit DD: A 10x P/E Value Play Sitting on a Massive Powder Keg

WEN is actually a cash generating business and it has great future potential. The price today at $7.xx at 1.4B valuation is actually very cheap today. If you even have the slightest belief the new executives could make a turnaround in the near future, any catalyst in the positive EXCLUDING ANY MEME OR HYPE could double the price.

These are the key points I can think of right now:

\- Even at today’s price despite the rally, it is still an undervalued stock. the forward PE ratio is just around 10x which is heavily undervalued in the fast food sector.

\- The new CFO and CSO are not just nobodies. They have a great historical performance in Potbelly. Due to their key strategies, it resulted in 500%+ in share price of Potbelly.

\- WEN is giving an enormous dividend of 7% so it is practically giving you FREE Wendy burgers, fries and frosties every quarter.

\- There are rumors of a buyout which could catapult the stock even further.

\- International expansion has shown great growth and WEN is continue to deploy this strategy. WEN is targeting 2,000 international restaurants by 2028, and 1,000 restaurants in just China alone over the next decade.

\- Short interest of 34% is a massive powder keg. The key reason why is because it is heavily concentrated at the absolute bottom stock price. This could make the stock a “10-bagger”.

TLDR:

This is a legitimate business backed by new executives with great historical performance, massive global expansion, buyout interest while giving you a great dividend yield.

Unlike most meme stocks, WEN is a legit company and 1.4B valuation is super reasonable. The price you see today is without any hype built-in yet. I’d say the absolute floor is around $5-6 which is around 20% from today’s price, BUT THE UPSIDE could be anywhere from 100% - 1000%!

Position: 2,000 shares at $7.66