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$16.75 1.22 (7.86%)
9/5/2008 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

4

Avatar TJones97 (43.78) Submitted: 6/07/07 5:35 PM : Outperform Start Price: $49.45 WB Score: -49.35

Great aquisition in AG Edwards. Further evidence of the hypercompetition in the brokerage industry, only going to get more competetive. There will be fewer, larger brokerages that survive the next 10 years.

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