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Wendy's, the Next Meme Stock? Watch Former NYSE Trader React to Reddit

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If you're investing in Wendy's  (WEN) - Get Free Report, what's your investment thesis?

But let's recap for those of you who weren't aware, Wendy's has joined the ranks of the meme stocks. 

Wendy's, which raised its full-year profit forecast last month following a stronger-than-expected first-quarter earnings and same-store sales, has a key activist shareholder--Nelson Peltz's Trian Fund Management.

ˆTheStreet's Martin Baccardax noted that the restaurant group is also set to benefit from the return of workers to businesses and offices around the country, which could power sales from its higher-margin breakfast menu. The group also opened its first restaurant in the United Kingdom, featuring signature U.S. menu options, earlier this month.

So, what does Kenny Polcari, managing partner at Kace Capital Advisors, think about Wendy's?

And, more importantly, if you believe in Wendy's or jumped into it following the grabby headlines, what is your investment thesis? You can contact TheStreet's Katherine Ross or Kenny Polcari on Twitter.

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