Wells Fargo & Company (WFC)

23.28
NYSE
Prev Close 23.25
Day Low/High 23.11 / 23.59
52 Wk Low/High 22.00 / 54.75
Exchange NYSE
Shares Outstanding 4132.50B
Market Cap 96.08B
P/E Ratio N/A
Div & Yield N.A. (N.A)

Wells Fargo Update

* Scharf is a great "get" for Wells Fargo * I expect the long standing underperformance of the bank will soon be a thing of the past * While absolute EPS growth will likely be lackluster over the next 12 months, my analysis argues for the resumption...

Balancing Risk, China Talks, Trading Delta Air Lines: Market Recon

Balancing Risk, China Talks, Trading Delta Air Lines: Market Recon

Perhaps the greatest risk of all is that of systemic complexity, and this is as close to an unknowable risk as there is.

Jim Cramer: These Stocks Are Cheap... if We Avoid a Recession

Jim Cramer: These Stocks Are Cheap... if We Avoid a Recession

With low price-to-earnings multiples, these stocks could be buys right now -- depending on your take on recession.

The Stars Line Up Against Equity Markets, My Defensive Posture: Market Recon

The Stars Line Up Against Equity Markets, My Defensive Posture: Market Recon

There is also reason to see longer-term equity strength in valuations.

Banking's Future and Wells Fargo, Trading Facebook: Market Recon

Banking's Future and Wells Fargo, Trading Facebook: Market Recon

The nation's central bank forever perverted the concept of what we used to call the 'free market.'

Well, Well, Wells Fargo

* The bank's management change is quite bullish This morning Wells Fargo has named BNY Mellon's Charles Scharf as its new CEO. I have followed Scharf's career for decades - he is the real deal. Many have given up on WFC, the stock... but I haven't (...

My Outlook for the Market's Major Sectors

* Only three of eleven S&P sectors are viewed as attractive * I am in a risk off state of mind. Back in 2015 I instituted a new regular feature called "Sectors," in which I periodically offered my short-term (6-12 months) price outlook for each of t...

Minding Mr. Market

I added further to my long but that was it for my trading today. (VXX is my Trade of the Week) At 3:20 p.m. the indices are more or less where they opened. Breadth was only modestly negative. FANG got walloped, banks were only modestly lower (a "win...

Jim Cramer: Playing Hostage/Non-Hostage on China-Exposed Stocks

Jim Cramer: Playing Hostage/Non-Hostage on China-Exposed Stocks

A trade deal still seems far away, so check your China exposure, again, as earnings season approaches.

Despite Some Past Bumps, This Wagon Offers a Pretty Good Ride

Despite Some Past Bumps, This Wagon Offers a Pretty Good Ride

With its tarnished reputation and general market malaise, Wells Fargo offers a low-risk entry price.

New Buy (and Short) Levels

I don't want there to be any ambiguity about the size of my positions or about my buy and short levels as I strive for as much transparency as possible. "When the time comes to buy, you won't want to." --Walter Deemer "When the time comes to sell, y...

Jim Cramer: 7 Sectors You Can Buy as the Trade War Continues

Jim Cramer: 7 Sectors You Can Buy as the Trade War Continues

These stocks and sectors are safe havens, and may even be opportunities.

There's a Lot to Love at Buffett's Berkshire Hathaway

There's a Lot to Love at Buffett's Berkshire Hathaway

Berkshire is so large and diversified that its prospects are tied to the economy as a whole, with the added benefit of being a defensive play in case of a market downturn.

Here's Dividend-Yielding Bank People Can 'Unite' Around

Here's Dividend-Yielding Bank People Can 'Unite' Around

People's United has a dividend yield of 4.29% and is buying holding bank United Financial.

After Locking Up Scandal, Wells Fargo Vaults Ahead

After Locking Up Scandal, Wells Fargo Vaults Ahead

Bank shows strong earnings, 13% dividend Increase and 4.2% yield.

Ride the Wells Fargo 'Wheel'

Ride the Wells Fargo 'Wheel'

WFC is a good Put Wheel candidate in the short term.

Jim Cramer: Buy These 4 Banks!

Jim Cramer: Buy These 4 Banks!

The big banks that have reported have made a combined total of $29.5 billion. That's astonishing.

Markets Focused on Earnings Ahead of the July FOMC Meeting

Markets Focused on Earnings Ahead of the July FOMC Meeting

Whether the U.S. economy warrants a rate cut at this stage of the cycle is perhaps debatable.

Why Bank of America's Results Were In-Line

Before you takeĀ as gospel theĀ business media talking heads who say Bank of America had a clear beat -- I would take a look at the lower effective tax rate in the quarter. The BAC results were basically in-line, adjusted for the aforementioned reduct...

Here's How I Look at Trading JPMorgan

Here's How I Look at Trading JPMorgan

JPM joined other banking heavyweights in exceeding expectations at least at the headline level.

Markets' Health, Facebook Libra Hearings, Trading Match Group: Market Recon

Markets' Health, Facebook Libra Hearings, Trading Match Group: Market Recon

For those trading the FANG or FAANG names, and especially Facebook, Tuesday sets up as a day bearing exceptional levels of headline risk.

This Sedate Market Is an Ink Blot Test for Investors

This Sedate Market Is an Ink Blot Test for Investors

The bulls will say this is healthy consolidation that will set up another leg higher, while the bears will say this is an indication of indecision and is a prelude to a rollover.

Wells Fargo Downtrend Remains in Force, So Wait for It to Be Broken

Wells Fargo Downtrend Remains in Force, So Wait for It to Be Broken

The big bank is showing a few positive signs on the charts, but the major trend is still bearish.

What This Chaotic and Inconsistent Market Action Is Telling Us

What This Chaotic and Inconsistent Market Action Is Telling Us

There were two notable shifts in trading action Thursday.

Deutsche Bank's Drag on Peers Could Unlock Investor Opportunities

Deutsche Bank's Drag on Peers Could Unlock Investor Opportunities

Deutsche Bank's blunders and restructuring, and a new chief at the European Central Bank, could be perfect combination for a bull case.

Here's My Trade Idea for PepsiCo

Here's My Trade Idea for PepsiCo

PepsiCo leads off this earnings season.

June Rotations and Why I Like Apple on Jony Ive's Departure: Market Recon

June Rotations and Why I Like Apple on Jony Ive's Departure: Market Recon

The risk is that the chief design officer's departure will cause technical issues in Apple's chart.

Keep an Eye on the Banks Ahead of Stress Tests

Just out of the chute. Markets are close to flat, supported by strength in the energy sector. Ten of eleven sectors are lower, as yields rise small. Some profit-taking across bond proxies. The banks are breathing easier ahead of the Fed's stress tes...