Wells Fargo & Co. (WFC)

45.59
NYSE : Finance
Prev Close 45.29
Day Low/High 44.84 / 45.79
52 Wk Low/High 43.02 / 59.52
Avg Volume 21.98M
Exchange NYSE
Shares Outstanding 4.49B
Market Cap 203.55B
EPS 4.30
P/E Ratio 10.02
Div & Yield 1.80 (3.92%)

Trades of the Week - Buy Money Center Banks

It is my view that the large money center banks are poised to rally in the near term:  The financial space has been a conspicuous underperformer over the last month - in the face of a 10-15 basis point decline in the 10 year US note and long bond yi...

Why Warren Buffett and GE Could Be a 'Perfect Match'

Why Warren Buffett and GE Could Be a 'Perfect Match'

Berkshire's cash hoard has grown to an astounding $116 billion.

My Largest Incremental Purchases

My largest incremental purchases this week (on the long side) have been , , and .

Jim Cramer: Projecting the Worst Case Scenario on Facebook

Jim Cramer: Projecting the Worst Case Scenario on Facebook

Departures from FB are going to hurt en masse and they make it extraordinarily difficult to value the stock itself.

Jim Cramer: What Makes For a Voracious Rally?

Jim Cramer: What Makes For a Voracious Rally?

Go over your portfolio. If it didn't go up today, you've got a real problem on your hands.

Closing Bell: LIVE MARKETS BLOG

Closing Bell: LIVE MARKETS BLOG

The good news is there have been worse days.

Adding to WFC, CPB Longs

I added to and longs. I took a small trading long rental in at $267.70 (its a sixty minute trade!).

Novice Trade: Financial Sector ETF

Novice Trade: Financial Sector ETF

The financial sector has a long history of doing better earnings-wise as interest rates rise.

Pretty Good

"Pretty good. Pretty, pretty, pretty, pretty good." -- Larry David, Curb Your Enthusiasm All in all I had one of my best days in a long time - short SPDR S&P 500 , long SPY puts really helped. But oddly, many of my longs -- Alternative Harvest ETF ,...

Jim Cramer: We've Got a Battle Ahead of Us, But the Fed Might Resolve It

Jim Cramer: We've Got a Battle Ahead of Us, But the Fed Might Resolve It

Sectors are saying different things about rates, but new Fed chief Jerome Powell could provide clarity at his first press conference on Wednesday.

Closing Bell: LIVE MARKETS BLOG

Closing Bell: LIVE MARKETS BLOG

The Nasdaq closed the day flat.

Closing Bell: LIVE MARKETS BLOG

Closing Bell: LIVE MARKETS BLOG

Dow closes day in the green

Mr. Market

The markets broke out of my 2725-2750 (S&P) price target on Friday. The apparent reason for the impressive Friday ramp (on the ninth anniversary of The Generational Bottom) was the reaction to a much better than expected jobs number coupled with sti...

Trade Update

I added to the following longs today: ETFMG Alternative Harvest ETF , The Hartford Financial Group  , Campbell Soup , and Wells Fargo . I am offering more VanEck Vectors Retail ETF on the short side (above the market).

Adding to WFC

The pause in the advance of bond yields has put a lid on bank stocks recently. I believe the bond bid will prove temporary and I am adding to my large long today.

My Portfolio Updated

Broadly speaking (not all inclusive!) my portfolio looks like this: * Short Large Spyders ( ) * Short Large Bonds ( ) * Long Large Gold ( ) * Long Large Pot ( ) - Speculative! * Short Retail ( , , ) * Long Large Selected Individual Equities ( , , ) ...

Adding to Wells Fargo and Alternative Harvest

Added to Wells Fargo  and Alternative Harvest  this morning.  

Stocks I Want to Buy in a Correction

I want to buy or add to these stocks in a market correction and/or a retest: , , , and . I have been researching a few others which I will identify when my buys are triggered.

Adding to CPB, WFC, HIG

Added to , and longs. Shorted a larger amount of at $278.30 (average cost today around $278.20). Now slightly (ever so!) net short in aggregate exposure.

Unfortunately Wells Fargo's Stock Continues to Struggle on the Charts

Unfortunately Wells Fargo's Stock Continues to Struggle on the Charts

I don't have the patience or the deep pockets of Warren Buffett when I look at charts.

Building Cash Reserves

On today's early and sharp ramp in retail stocks I have sold out the balance of my and longs. (I remain concerned about a possible low takeout price which could adversely impact the group over the short term.)  I would be a buyer of both stocks in a...

Banking on Wells Fargo

I'm adding to my long of Wells Fargo .

More SPY Short

I just put out some more (small) short at $273.25 -- to offset my and buys.

Adding to HIG, WFC

I have added to my Hartford Financial and Wells Fargo longs today.

Adding to WFC, DDS

I have added to the following longs this morning: Wells Fargo  (back to large-sized) and Dillard's  .

Pretty Good!

* But on Valentine's Day I Am Falling Out of Love (Again) * Took SPY Long Profit and Went Short SPY Near the Close after a 600 Point Intraday Move In the DJIA Pretty good. Pretty, pretty, pretty, pretty, good. I wanted to briefly review and comment ...

Munger on Wells Fargo

Charlie Munger is saying it is "now time to let up on Wells Fargo ."

Reestablishing WFC Position

I have reestablished my Wells Fargo long position. I will have a column up on the bank this week.

Why I Like Bank of America and Goldman Sachs as Inflation Hedges: Market Recon

Why I Like Bank of America and Goldman Sachs as Inflation Hedges: Market Recon

Both should hold up well if inflation heats up.

Assessing Wells Fargo

As posted, I scaled out of all of my Wells Fargo long at very good prices during the climb in January. My sales were based on the large gain in the shares and the reduced reward v. risk -- as I had no idea about the regulatory conditions that were a...