The Wendy’s Company (WEN)

I quite like the business model of certain restaurant stocks like Wendy’s (WEN). The fast food firm is essentially a giant rent collector, albeit one in which rent is tied to the sale of hamburgers and fries. Around 95% of its 6,814 restaurants operate on a franchised basis as per…

There are a handful of stocks I follow that are almost impossible to justify in terms of valuation. Think York Water Company for instance – a regional utility stock that has the distinction of racking up over two hundred years of consecutive dividend payments. It trades for 45x net earnings!…