Wendy’s shares skyrocket to record high: here are the best places to buy WEN shares

Wendy’s (NASDAQ: WEN) is the latest company to experience a dramatic rise in its share price this week. The fast food powerhouse and staple of American society is up 10% in the last 5 days and investors are now paying serious attention.

So, today, it’s not: do you want fries with that? It’s: do you want shares with that?

This article explains why Wendy’s shares are surging in value, what the future is likely to hold for the company, and the best places to buy Wendy’s stock today.

How and where to buy Wendy’s stock online

Wendy’s shares are easily accessible via an online broker. This is a services that enables you to buy all manner of financial instrumentals such as stocks, ETFs, cryptocurrencies, commodities and much more.

The option below offers low fees and a quality service to all investors, regardless of whether you are a beginner or a seasoned pro:

1) eToro

Etoro is one of the best places to buy WEN stock. It is one of the world’s largest and most popular brokers, and for good reason; the platform offers a high-quality service with innovative features.

Register here >

For additional options, simply read our in-depth comparison of the best stock brokers and trading platforms right now to see which one suits your financial goals.

What is Wendy’s?

Founded in 1969 in Columbus, Ohio, by Dave Thomas, Wendy’s is one of the United States’ largest fast food franchises, with over 6,700 locations worldwide.

Why is WEN stock rising in value?

For a variety of reasons. Some investors genuinely feel the company is undervalued, while others are buying into a short squeeze thematic that has been propagated by Reddit community, WallStreetBets.

Should I buy Wendy’s shares?

If you don’t mind experiencing substantial volatility, and you are looking for a risky stock with the potential for major rewards, WEN could be a good option.

Having hit an all-time high share price of over $25, the $5 company could now be set to accelerate growth even further and unlike some of the other ‘meme stocks,’ it actually has fundamental value.

Could Wendy’s be the next AMC or GameStop?

Let’s wait and see. For now, this growth looks slightly more organic than we have seen occur with other meme stocks, though we will continue to monitor this in the coming days.

Will Wendy’s make me rich?

This is highly unlikely, and it is incredibly rare for any single investment to generate riches. However, this doesn’t mean it is impossible; just never go into an investment with idealistic aims.

Wendy’s price target

Our Wendy’s price prediction is in line with the majority of reputable analysts: $30 in the short-term. However, if short-squeeze fever becomes more fervent, expect this figure to rise.

Social media reacts to the ascent of $WEN stock

For all the latest on Wendy’s and other hot stocks, check out the Invezz stock news on our website.