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Wendy's Tranformation Is Very Bullish

Over the past five years, the fast food industry has struggled in the United States as consumers have shifted towards healthier, higher quality food that may cost a bit more. Fast casual restaurants like Chipotle (NYSE:CMG) and Buffalo Wild Wings (NASDAQ:BWLD) have been primary beneficiaries of this trend, but I don't believe fast food chains are doomed for the ash heap of history, especially if they continue to innovate to appeal to changing taste trends without alienating their core price-sensitive consumer. That is why I believe Wendy's (NYSE:WEN) presents investors with significant upside on solid growth potential going forward. Even with shares up 50% in 2013 (though they are off 12% from their high),...

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