Just saw Mad Money. Cramer told great story about Wen and Rad stocks. Recommending a buy now rating on both. Also said they would be a good stocks to be in with the current climate in mideast. You can watch it repeat at 11pm. Should see a great day tomorrow. lol
That's not what he said, here is his quote from the article, "Cramer said that trading at 28.5 times earnings with a 17% growth rate, Wendy's is a buy, buy, buy on any weakness".
Did you get that? Buy on WEAKNESS! Weakness could be when it pulls back to the 50 MA which is $6.89.
Yeh it might go up today but it won't last long because SMART investors already knew everything about Wendy's from doing their own DD, they don't need Cramer to tell them how to trade.