7 Stocks on Jim Cramer’s Radar

5. The Wendy’s Company (NASDAQ:WEN)

Number of Hedge Fund Holders: 33

When a caller inquired about The Wendy’s Company (NASDAQ:WEN), Cramer steered them toward Texas Roadhouse.

“Wendy’s? No. You’re gonna sell Wendy’s tomorrow and you’re going to buy Texas Roadhouse because that’s the one. We had them on Friday. They’re monster good. We bought it for the Charitable Trust. You’re buying, you’re buying TXRH tomorrow.”

Wendy’s (NASDAQ:WEN) runs and franchises fast-food restaurants known for their hamburgers, in addition to developing real estate and overseeing property leases. The company focuses on restaurant management and franchising. Cramer has been wary of the company for some time now as he stated in January:

“I’m worried about Wendy’s. That should not have a 7% yield. That to me says something may be wrong here. McDonald’s is kicking butt. I, I saw an upgrade today for Burger King… Alright, I’ve gotta take a quick survey and I gotta tell you, you know what, Wendy’s, no. They have not demonstrated that they can pull it off in a very competitive world.”