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

1

Avatar sandytravis (83.51) Submitted: 8/07/08 6:20 PM : Start Price: $16.94 WB Score: 39.51

If I handled my funds this way, I'd be in jail.

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1

Avatar rjmay (44.10) Submitted: 10/19/07 9:31 AM : Start Price: $44.59 WB Score: -46.38

Great dividends (5%) at current prices $48, with 2/3rds of the business in retail. Sub-prime exposure higher than desired, but more than enough other business to compensate. Earnings disappointment may lead to short term buying opportunity, but onc...

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1

Avatar Tphantom1 (< 20) Submitted: 9/17/08 9:53 PM : Start Price: $10.69 WB Score: 26.58

2 to 3 weeks, this guy will be bankrupt. I'll bet Burckley buys them out.

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1

Avatar darkflame (96.80) Submitted: 10/05/07 6:36 AM : Start Price: $47.43 WB Score: -47.83

A good bank selling cheap with a P/E of around 10, with a 5% dividend, with insiders buying heavily ? I'm in.

* check insiders
http://finance.yahoo.com/q/it?s=WB

* check for gurus - Pay attention to David Dreman, he is good, I mean really really go...

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1

Avatar CaptainHiCap (< 20) Submitted: 9/16/07 1:32 AM : Start Price: $47.09 WB Score: -48.74

When the Fed lowers the Fed Funds Rate, this stock will benefit. Additionally, this stock is already offering a nice yield of 5.2%, which is going to look very good when compared with market rates.

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