5 Stocks Under $5 for 2013

The usual caveats apply, but these low-cost shares could net you big upside

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5 Stocks Under $5 for 2013

Wendy’s20121011 wendys new logo primary 5 Stocks Under $5 for 2013

Wendy’s (NASDAQ:WEN) has gone through some big changes in the past few years, including the sale of lagging Arby’s Restaurant Group and its first logo change in 20 years. But though restructuring costs and lost Arby’s revenue crimped performance in early 2012, the company looks to be back on track.

The past two quarters, which are more representative of the post-Arby’s company, have boasted year-over-year revenue increases. The company is also riding the sixth consecutive quarter of same-store sales gains. Yes, the company posted a wider loss and missed profit estimates, but the all-important top line is healthy — and as the company’s restructuring takes hold, the profits should follow.

Furthermore, the leadership of Emil Brolick is a huge plus. Brolick successfully rejuvenated fast-food giant Yum! Brands (NYSE:YUM) through international expansion, creating in the process a company that now generates more than half of its operating profit from China. With this guy as president and CEO of Wendy’s, investors should expect global growth is in store for Wendy’s despite trailing competitors like Taco Bell and McDonald’s (NYSE:MCD) in the international expansion game.


Article printed from InvestorPlace Media, http://investorplace.com/2012/11/5-stocks-under-5-for-2013/.

©2014 InvestorPlace Media, LLC

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