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$14.88 -0.50 (-3.25%)
7/3/2008 1:01 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 jep2224 (49.72) Submitted: 3/24/08 11:57 AM : Outperform Start Price: $30.79 WB Score: -45.12

Wachovia has been lumped with the other financials due to the sub-prime problems, however with the aquisition of Golden West they inherited a portfolio which has been conservatively managed for years and is in no danger from the current financial mess of other lenders

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Avatar iamamartin (98.71) Submitted: 5/08/08 11:36 AM

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Pay Options ARMs are a WB bomb that hasn't gone off yet. These neutron loans will KILL WB

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