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$15.53 -1.65 (-9.60%)
9/4/2008 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.

Rating a stock in CAPS consists of three components:

Your call - Will this stock outperform or underperform the S&P 500? Successful picks are measured in terms of whether or not you were correct and by how many percentage points.

Your time frame - A guideline for other members to see whether your thinking is short or long-term. Time frame is also used to calculate the stock rating, but is not used in the scoring of your pick.

Your pitch - Here's your chance to offer more detailed thoughts, analysis, concerns, or the rationale behind your call. The pitch is optional and may be added later.

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What the Community Thinks

Total Members

1391 Outperforms
764 Underperforms
 

All-Stars

287 Outperforms
187 Underperforms
 

Wall Street

13 Outperforms
4 Underperforms
 

Members bullish on WB are also bullish on:

Members bearish on WB are also bearish on:

Ticker Tags

Charlotte (11), S&P 500 (478), Money Center Banks (23), Mega Cap (145), North Carolina (13)
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Wachovia Corp At A Glance

Current Price: $15.53
Last Trade Time: 9/4/2008 4:01 PM
Open: $0.00
Previous Close: $17.18
Daily Range: $15.48 - $17.34
52-Week Range: $7.80 - $53.10
Volume: 72,102,704
Market Cap: $37.09B
P/E Ratio: 7.62
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Stock Trends

WB VS S&P 500 (SPY)

WB 12 month chart vs. S&P

News & Discussion Boards

Other News Headlines for WB

More Headlines...

Top Bull Pitch

Recs

8

Wachovia Corp (WB)

Avatar jep2224 (53.03) Submitted: 3/24/08 11:57 AM

Wachovia has been lumped with the other financials due to the sub-prime problems, however with the aquisition of Golden West they inherited a portfolio which has been conservatively managed for years and is in no danger from the current financial mess of other lenders

Replies: 5 | Reply | Permalink

Top Bear Pitch

Recs

16

Wachovia Corp (WB)

Avatar ww2004 (20.85) Submitted: 5/14/08 1:05 PM

There is a lot of speculation that the worst of the credit crisis is over. If sub-prime were the only concern that might be true but the next wave will be prime borrowers with option ARM loans. As average house prices continue to fall and option ARM rates begin to reset, over the next year banks lik...More

Replies: 6 | Reply | Permalink

CAPS Members

picks per page. CHANGE

Results 1 - 5 of 355 :   1 2 3 4 5 Next » Jump to page:

Recs

0

 (WB)

Avatar TheSmartMoney (39.64) Submitted: 9/03/08 9:22 AM : Outperform Start Price: $16.71 WB Score: -4.03

Trading at 11.89 forward earnings. WB has a new CEO that has a game plan to get things back on track. 2009 growth is estimated at over 200%.

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Recs

0

 (WB)

Avatar fastoni (24.55) Submitted: 9/02/08 2:13 PM : Underperform Start Price: $16.36 WB Score: 2.08

I like Wachovia personally, but the next few more weeks going down again.

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Recs

0

 (WB)

Avatar jstegma (99.86) Submitted: 9/02/08 11:53 AM : Underperform Start Price: $16.36 WB Score: 2.08

The economy grew 3.3% last quarter supposedly. Yet this company still had huge writedowns. So you tell me, what do you think will happen when we get a quarter of negative growth? As long as housing prices fall, there will be writedowns. As long as there is an excess inventory of houses, housing prices will fall. If you want to own this for the long term, wait until it dips below $10 to buy it. Don't worry, it eventually will.

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Recs

0

 (WB)

Avatar MacDollars4Me (36.78) Submitted: 9/01/08 3:47 PM : Outperform Start Price: $16.77 WB Score: -2.71

Could this bank get any more beaten down?....I think not....although I did pull my kids birthday money out for security reasons.....

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Recs

0

 (WB)

Avatar deathdealer562 (78.17) Submitted: 8/29/08 7:04 PM : Underperform Start Price: $16.77 WB Score: 2.71

Another Cancer for your portfolio. Maybe good for a trade or two. But play @ your own risk.

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Results 1 - 5 of 355 :   1 2 3 4 5 Next » Jump to page:

Wall Street

Results 1 - 17 of 17  

picks per page. CHANGE Expand All Pitches

Top
Pick
Member NameMember RatingStart
Date
CallTime FrameStart
Price
Stock
Gain
S&P
Gain
ScorePitch
TrackFBR 90.98 08/21/08 Underperform NS $14.31+8.53%-2.16%-10.69
TrackOppenheimer < 20 07/15/08 Underperform NS $8.68+78.92%+1.83%-77.09
TrackChrisDavis 98.48 06/03/08 Outperform 1Y $23.57-34.11%-10.96%-23.15 Toggle the visibility of 60-Second Pitch and replies
TrackStifel 96.86 05/06/08 Outperform NS $29.04-46.52%-11.47%-35.05
TrackDeutscheSec 87.80 04/29/08 Outperform NS $28.54-45.58%-10.98%-34.60
TrackJimCramer 82.41 03/11/08 Underperform 3W $29.34-47.06%-6.46%+40.60
TrackSchneider < 20 12/31/07 Outperform NS $36.77-57.76%-15.17%-42.59 Toggle the visibility of 60-Second Pitch and replies
TrackHAndW 77.30 12/31/07 Outperform NS $36.77-57.76%-15.17%-42.59 Toggle the visibility of 60-Second Pitch and replies
TrackDreman 97.39 09/30/07 Outperform NS $47.73-67.46%-18.71%-48.75 Toggle the visibility of 60-Second Pitch and replies
TrackEveillard 91.00 09/30/07 Outperform NS $47.73-67.46%-18.71%-48.75 Toggle the visibility of 60-Second Pitch and replies
TrackDodgeCox 99.23 09/30/07 Outperform NS $47.73-67.46%-18.71%-48.75 Toggle the visibility of 60-Second Pitch and replies
TrackNWQ 20.07 09/30/07 Outperform NS $47.73-67.46%-18.71%-48.75 Toggle the visibility of 60-Second Pitch and replies
TrackRichPzena 41.41 09/30/07 Outperform NS $47.73-67.46%-18.71%-48.75 Toggle the visibility of 60-Second Pitch and replies
TrackRochdale 28.19 01/12/07 Outperform NS $52.10-70.19%-12.73%-57.46
TrackCreditSuiss 94.80 01/04/07 Outperform NS $53.00-70.70%-12.18%-58.52
TrackLehmanBros 92.04 09/06/06 Outperform NS $50.75-69.40%-5.24%-64.16

Results 1 - 17 of 17  

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