Wells Fargo & Company (NYSE:WFC)

CAPS Rating: 4 out of 5

One of the country’s largest banks, Wells Fargo provides retail, commercial, and corporate banking services and is a leading residential mortgage lender.

Recs

0
Player Avatar gudabg (99.02) Submitted: 1/3/2013 7:52:11 PM : Outperform Start Price: $33.47 WFC Score: +7.17

bought in RL under 34

expect nice earnings, and 1.5-2.0% rise in stock price in 2 days after earnings.
After that always ready to sell, and wait for another correction.
target price is max 37. ROE for our Wells is aproaching peak levels in modern banking.

best bank on the world, if I may :)
Dividend will rise only after stress test, so patient people could wait 2 months for that.

Featured Broker Partners


Advertisement