It vbery well looks like people are eating cheaper in America due to the economic down turn and slow growth, with Wendy's new Value menu customers are finding bargains. Mcdonald's is slipping a lillte. Next year the economy will be tiny and Wendy's fits in nicely, we may see more market share eaten by Wendy's . WENDY'S WILL GROW FRACTIONALLY. Now, I know why Buffet was pointing to Mcdonald's , since people have down sized so much, people are eating cheaper. But Wendy's Value menu is working, and after their in line earnings report in December it will drive more demand for the stock. The PE ratio will improve as long as their cost cutting efforts continue and the value menu persists.
Its no DOUBT WHY FUND MANAGERS HAVE LINED UP FOR THIS ONE, STRONG SUGGESTION BUY AND HOLD.