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$30.60 -3.04 (-9.04%)
10/7/2008 4:02 PM

Wells Fargo & Company (WFC)

CAPS Rating:
***

A financial services company, Its principal business is to act as a holding company for its subsidiaries, the Company provides retail, commercial and corporate banking services through banking stores.

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Recs

1

Avatar loritolonen (85.50) Submitted: 1/31/07 12:38 PM : Outperform Start Price: $33.62 WFC Score: 20.92

WFC has proven successful practices to increase customer account activity without creating excessive risk. WFC aslo as the capital to buy out banks and expand their regional influence in an immediately accretive manner.

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Recs

1

Avatar buddacromhabaju (36.92) Submitted: 2/07/07 9:54 AM : Underperform Start Price: $33.51 WFC Score: -21.17

"California here I come". That's what Wells is hearing from the likes of Wachovia. Unless Wells demonstrates a willingess to expand through acquisition (like how about the money rich Northeast) their customer base is going to take a hit. Well run ...

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Recs

1

Avatar Loychster (99.52) Submitted: 5/17/07 8:50 AM : Outperform Start Price: $34.13 WFC Score: 21.17

From Morningstar:

Wells Fargo is the essence of diversification, with more than 6,200 banking and mortgage lending offices in the U.S. and abroad and $482 billion in assets. Despite being one of the largest mortgage originators and servicers in the ...

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Recs

1

Avatar naujoel (< 20) Submitted: 7/31/08 3:00 PM : Outperform Start Price: $30.36 WFC Score: 22.71

Wells Fargo and Co., though a large mortgage banker, has a very well diversified business base that will help balance out mortgage losses and keet it posting solid earnings in spite of trobled economy and credit market. Wells Fargo is also one of th...

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Recs

1

Avatar barter1 (40.08) Submitted: 1/13/08 4:42 PM : Outperform Start Price: $27.52 WFC Score: 40.34

Close to bottom in the market. Will rebound strong. Owned by Warren Buffett (10% of company). 4.40% dividend ... small exposure to sub prime mortgage market. Will go north over next 5 years.

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Recs

1

Avatar cdulan (94.16) Submitted: 7/17/08 12:58 PM : Underperform Start Price: $29.11 WFC Score: -35.64

The dividend increase reported with 2Q results was a tremendous marketing ploy to gain deposits fleeing from Indymac, Downey Savings & Loan, and other overleveraged banks. It was a much better tactic than the 5% CDs offered by Countrywide (RIP) and ...

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Recs

1

Avatar Pedring1125 (< 20) Submitted: 8/19/08 2:04 PM : Outperform Start Price: $27.83 WFC Score: 31.23

It' another financial stock that I trust.

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Recs

1

Avatar wildeagain (< 20) Submitted: 5/07/08 4:56 PM : Outperform Start Price: $29.74 WFC Score: 31.33

I loved the dip today. I thought I had missed this as it approached 32, so I'm jumping in in the real world at under 30. Have huge confidence that this will blow through its 52 week high very soon. And blow thru the 52 week before many other banks. ...

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Recs

1

Avatar GatorSF (82.12) Submitted: 2/11/08 5:15 PM : Underperform Start Price: $29.17 WFC Score: -30.77

Good Company, Solid stock, Subprime crisis is still not over, expect more bad news in the short-run, in the long run the company & the industry as a whole will be better.

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Recs

1

Avatar HLChin (92.48) Submitted: 4/25/07 2:49 PM : Outperform Start Price: $34.21 WFC Score: 22.45

Buffett owns more than 10% plus housing is weak currently. Therefore there is never a better time to get WFC + 3% dividend for waiting.

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