Wells Fargo & Co. (WFC)

48.31
NYSE : Finance
Prev Close 49.86
Day Low/High 48.00 / 49.47
52 Wk Low/High 43.02 / 59.52
Avg Volume 21.10M
Exchange NYSE
Shares Outstanding 4.54B
Market Cap 226.46B
EPS 4.30
P/E Ratio 11.65
Div & Yield 1.80 (3.37%)
Warren Buffett, Book Value and How to Value Berkshire Hathaway

Warren Buffett, Book Value and How to Value Berkshire Hathaway

Does Berkshire Hathaway still offer value for investors?

FOMC

The Fed is now caught in its own policy - hooked by the drug of cheap money.  The yield on the 10 year U.S. note is under 2.54%. The dovish Fed policy announcement will likely help, over the near term, growth names ( , and ) and hurt rate sensitive ...

Wells Fargo Could Decline Further in the Weeks Ahead

Wells Fargo Could Decline Further in the Weeks Ahead

Let's take a look at the charts and indicators again.

Buy Levels

Here are some of my individual buy levels of stocks that I want to add to or reestablish on weakness: * $157.50 * $1625 * $1150 * $42 * $55 * $46 * $46.50 * $182.50 * $31 * $40 * $23 * $65 * $16.75 * $35 * $27.75 * $60 * $95 * $48 * $87.50 Note: Lon...

Random Gleanings: Nike, Tesla, Boeing and Wells Fargo

Random Gleanings: Nike, Tesla, Boeing and Wells Fargo

One wonders where Nike's cool factor will come from.

New York's Epic Amazon Failure; Buffett's 13-F; Traders Play It Safe Into Close

New York's Epic Amazon Failure; Buffett's 13-F; Traders Play It Safe Into Close

Why does it always make me feel uncomfortable when my plan diverges from Warren Buffett's?

Banking on Wells Fargo's Stock

Banking on Wells Fargo's Stock

As much as I abhor the firm's prior business practices, I've got to give the numbers their due.

Jim Cramer: SunTrust-BB&T Merger Is About Digital Defense and Offense

Jim Cramer: SunTrust-BB&T Merger Is About Digital Defense and Offense

Analysts need to recognize this shift in the banking markets.

Who's Next in Banking? Probably No One!

* The bank merger of BB&T and SunTrust is a one-off and is a very modest negative for the existing and large money-center banks BB&T and SunTrust Banks have announced a $66 billion merger of equals intended to create the country's sixth-largest bank...

Schumer, Sanders Stance Against Buybacks Could Curb Alphabet Outlook

Schumer, Sanders Stance Against Buybacks Could Curb Alphabet Outlook

Legislative action to block buybacks is pertinent for Alphabet earnings.

Today's Trades

Covered and then reshorted Added to my , and shorts (moved to medium-sized from neutral) Bought some SPY puts (maturing at the close) Bought small Sold some (after the run from the low $40s -moved from medium to small) I was a bit over my skiis long...

Liking This Action

I really like the pin action in a number of my core longs: , , , , (as expected off of the strength), , , , and . and , not so much! Note: Long GS (large), BAC (large), C (large), WFC (large), JPM (large), DWDP (large), HIG (large), CBS, M (small), ...

Wells Fargo's Charts and Its Improving Fundamentals Aren't in Alignment

Wells Fargo's Charts and Its Improving Fundamentals Aren't in Alignment

It is hard to become excited about the long side of the banking giant due to overhead resistance and a lack of aggressive buying of its shares.

WFC's Dividend

Wells Fargo raises its cash dividend.

Real Money Report Card: Big Week for Bank Earnings

Real Money Report Card: Big Week for Bank Earnings

Banks' quarterly reports mean quarterly grades are due.

I'm Focused on Stalking an Entry Point for an Index Short

I'm Focused on Stalking an Entry Point for an Index Short

I continue to have a very difficult time finding individual stocks that I want to buy at this juncture.

Health Care Stocks Face Political Risk, How I'm Playing Netflix: Market Recon

Health Care Stocks Face Political Risk, How I'm Playing Netflix: Market Recon

Do we have to run for the hills? Not necessarily.

Real Money Video Wrap: Citi Surges as View of Stability Saves Sentiment

Real Money Video Wrap: Citi Surges as View of Stability Saves Sentiment

Citi overcame a mixed print to send its stock surging on Monday.

Chart of the Day: Citi's Stabilization Comments Buoy Banking Sector Sentiment

Chart of the Day: Citi's Stabilization Comments Buoy Banking Sector Sentiment

If one is betting on a sustained surge from Citi, bigger banks could be bullish bets.

Earnings Season Is Here and This Week Is About the Banks: Market Recon

Earnings Season Is Here and This Week Is About the Banks: Market Recon

Citigroup bats lead-off for the banks, who as a group will bat lead-off for the entire sphere of public equities.

Investors Look Ahead to Big Corporate Earnings Next Week

Investors Look Ahead to Big Corporate Earnings Next Week

JPMorgan Chase, Wells Fargo and Netflix are just some of the companies reporting next week.

The Deteriorating Outlook for Global Economic and U.S. Corporate Profit Growth Will Likely Act as a Headwind to Stocks From Here

* The fundamentals are bad and getting worse * Expectations remain far too optimistic * Reward v. risk no longer attractive * S&P cash stands at 2590 against a "fair market value" of 2400-2500 Even before Fed Chair Powell delivered his more dovish m...

Oh the Wells Fargo Settlement Is a Comin'

Wells Fargo  is getting some better news for a change. I'm long on the name.  

Here's How to Panic in a Very Smart Way

Here's How to Panic in a Very Smart Way

The smart way to panic is to remove any trace of financial systemic risk from your portfolio.

Stocks in My Pension Plan

Here is a list of stocks I own in my pension plan:  ,   ,   ,   ,   ,   ,   ,   ,   ,  .

Looking Ahead

S&P futures are trading about 45 handles above the day's lows. In my view, we are headed to a year-end rally. Many investors are justifiably fearful but I expect (and am hopeful) that when we look back a month from now many may rue that they didn't ...

I Am Personally Buying Stocks Now

For about two years my personal pension plan has been entirely in short term Treasuries. This morning I abandoned that strategy and I have taken positions (on the opening) in the following stocks: , , , , and . I have no current intention of trading...

Here's Why Bank Stocks Are Sinking Today

Here's Why Bank Stocks Are Sinking Today

Wake up and smell what the Fed is cooking and lower the amount of your portfolio allocated to stocks.

Establishing Longs

I just established the following longs (in a new managed account): Square $64.96, Goldman Sachs $185.57, Wells Fargo $52.29, Citigroup $62.52, and Bank of America $27.19.

Kass: I View Deutsche Bank as the Next Black Swan in Europe

Kass: I View Deutsche Bank as the Next Black Swan in Europe

DB's shares hit another new low overnight.