We recently published a list of 10 Stocks Grow Firmer Despite Mixed Market Sentiment. In this article, we are going to take a look at where The Wendy’s Company (NASDAQ:WEN) stands against other stocks that grow firmer despite mixed market sentiment.

The stock market kicked off the first trading day of the week on a lackluster note, with major indices finishing mixed as it struggled to rebound from Friday’s bloodbath.

The Dow Jones was the sole gainer among the main indices, eking out a 0.08-percent gain. In contrast, the S&P 500 and the tech-heavy Nasdaq both fell 0.50 percent and 1.21 percent, respectively.

Meanwhile, ten companies registered strength, albeit posting only modest gains. This article details the reasons behind their performance.

To come up with Monday’s top gainers, we considered only the stocks with $2 billion in market capitalization and $5 million in daily trading volume.

A closeup of a juicy hamburger sandwich with tomatoes and lettuce, on a sesame bun.

The Wendy’s Company (NASDAQ:WEN)

Wendy’s saw its share prices increase by 4.8 percent on Monday to end at $15.94 apiece as investors continued to digest the company’s mixed earnings performance last year as well as key economic factors such as inflation and business activity index.

Earlier this month, WEN said its net income for the fourth quarter of 2024 inched up by 1.3 percent to $47.5 million from $46.9 million in the same period last year as revenues increased by 6.2 percent to $574.3 million from $540.7 million.

Net income for the full year, however, dipped by 4.9 percent to $194.4 million from $204.4 million in 2023, despite revenues inching up by 3 percent to $2.246 billion from $2.181 billion in the same comparable period.

Meanwhile, S&P Global Market Intelligence reported on Friday that US business activities nearly stalled this month, dropping to a 17-month low, suggesting that businesses and consumers were becoming increasingly rattled by economic policies.

Overall, WEN ranks 4th on our list of stocks that grow firmer despite mixed market sentiment. While we acknowledge the potential of WEN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is as promising as WEN but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.