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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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MM4L (94.41) Submitted: 9/02/07 12:45 AM : Start Price: $35.04 WFC Score: 24.99
Wells Fargo has picked up a lot of "good paper" in the mortgage market while others (like Countrywide) were picking up anything they could.Wells Fargo does not sell it's mortgages.I think when the s...
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7THHEAVEN (98.77) Submitted: 7/12/08 6:56 PM : Start Price: $23.60 WFC Score: 59.03
Well managed bank. Much less exposure to the credit crisis. At these levels - good dividend yield.
govro (47.88) Submitted: 9/06/07 8:50 PM : Start Price: $33.68 WFC Score: 28.38
Best US banks period. Good 3.5% dividends, should take market share over the next couple of years. Still focus on california which is not a manufacturing based economy like the suffering midwest.
cayamax (< 20) Submitted: 7/10/08 3:06 PM : Start Price: $23.20 WFC Score: 60.88
I figure the financials are close to the bottom.
dsnyder08 (< 20) Submitted: 7/09/08 2:23 PM : Start Price: $24.36 WFC Score: 55.16
Solid bank on sale. Waiting for the turnaround.
schorzy (< 20) Submitted: 11/19/07 8:48 AM : Start Price: $30.07 WFC Score: 39.80
This is a well run bank. They might have a short term rough road, but I think the majority of the subprime mess they will get by relatively unscathed. I think think the price is pretty good right now.
rajeevg (99.22) Submitted: 11/19/07 2:20 PM : Start Price: $29.52 WFC Score: 41.34
Wells is being taken to the woodshed along with the rest of the financial industry, although they have been much more conservative in their practices than most. Credit losses will surely increase for Wells over the next couple of years, but the compa...
mfjonny (< 20) Submitted: 12/18/07 7:30 PM : Start Price: $29.47 WFC Score: 42.41
WFC is much more insulated from the subprime meltdown, due to stricter lending standards and higher cash reserves. WFC is taking the cautious path in writing down its losses early, but will weather the storm and come out in much better position.
AbacotJosser (< 20) Submitted: 12/19/07 5:59 PM : Start Price: $29.97 WFC Score: 40.93
Good profitability. Steady, but not explosive year over year growth. Investor fears about the subprime are driving this stock down too much. I like the way WFC is expanding it's ownership of insurance business. Broadening it's business to include...
klemenv (< 20) Submitted: 5/30/08 12:44 PM : Start Price: $27.41 WFC Score: -48.22
Take a look on their loans portfolio:- construction- commercial RE- residentila mortgages (half of them are second lien!)- home equityhalf of it in beautifull country called Californiaand the best part ...
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