5 Tasty Stocks to Buy Under $10: Eat, Drink and Invest

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Wendys_logo.svg_[1]What else can you say about a stock that’s up 90% year-to-date and trading for under $9 per share? In order to cater to more to high-end consumers, Wendy’s (WEN) is offering premium sandwiches with the hope of accelerating sales and improving margins.

The company is also changing its business by selling company-operated stores to franchisees, which will significantly cut working capital needs while providing more reliable income streams. Based on its current average selling price, future sales should generate an additional $170 million in cash.




Article printed from InvestorPlace Media, http://investorplace.com/2013/11/stocks-to-buy-beverage-stocks-to-buy-food-stocks-to-buy-wen-cot/.

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