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$5.15 1.55 (43.06%)
10/10/2008 4:01 PM

Wachovia Corp (WB)

CAPS Rating:
**

Provides a wide range of commercial and retail banking and trust services through full-service banking offices located in states throughout the Southeast. The company provides various other financial services, including mortgage and investment banking.

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Recs

5

Avatar bu8ball (91.28) Submitted: 8/29/07 12:37 PM : Outperform Start Price: $45.63 WB Score: -49.74

Selling at a discount right now... WB will survive because of its asset management services, and tapping into retirement communities in Florida and the Atlantic south. Good pick for the next 18 months.

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Avatar floridabuilder (99.90) Submitted: 8/30/07 11:35 AM

Recs: 0 | Rec This

people are all focused on housing and mortgage (the first chess move)... however, a good chess player always thinks several moves ahead. One move ahead is hedge funds and investment bankers... two moves ahead are banks...

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