| Prev Close | 54.36 |
| Day Low/High | 53.43 / 54.42 |
| 52 Wk Low/High | 43.02 / 54.75 |
| Avg Volume | 19.56M |
Wells Fargo & Co. (WFC)
53.79
NYSE : Finance
| Exchange | NYSE |
| Shares Outstanding | 4.23B |
| Market Cap | 229.91B |
| EPS | 4.30 |
| P/E Ratio | 11.46 |
| Div & Yield | 2.04 (3.61%) |
Latest News
Wells Fargo Stock Can Now Rally Further
Let's check the charts of WFC and see where we should buy it and what to risk.
We're Seeing Something Strange in the Credit Markets Right Now
BB- and B-rated bonds have performed well lately, but CCC-rated bonds are a different story -- this divergence hasn't happened in nearly two decades and it gives clues about what to expect for 2020.
Recap of Recent Actions
A reminder that I recently: * (Reluctantly) pared back my very large positions in Citigroup , Bank of America and Wells Fargo to medium in size * Eliminated Facebook * Reduced from very large to medium in size in Alphabet and Amazon
Paring Down My Bank Stock Holdings Now
* Reluctantly and given the strong price performance of the last few months With the move this week and given the strong follow through today (producing high relative strength readings), I am reluctantly reducing my very large holdings in , , and to...
No Longer Waiting for This Bank's Recovery
I have sold my speculative Deutsche Bank shares (for a very small profit) and I am taking the stock off of my Best Ideas List. The proximate reason for the sale was my analysis of the bank over the past weekend following the Wednesday report of a $9...
About WFC
A few subscribers have asked me about Wells Fargo this morning. Here is my update from a few days ago.
Wells Fargo: Hated No More?
The most hated money center bank stock extant, Wells Fargo , is challenging its November, 2018 highs today.
Buy Bank of America? Not Just Yet
Most importantly, at least to me as an investor, is tangible book value.
Wells Fargo's Q3 Results? Mixed Might Be the Right Description
Of course, performance matters, but investors are forward looking. For this name, this is especially true.
Wells Fargo Could Rally Despite Disappointing Earnings
Here's how traders can play WFC right now.
In a Richly-Valued Market, Bank Stocks Represent Uncommon Value Under Almost Any Time Frame (Part Trois)
* Bank earnings, to begin to be reported this morning, will mostly be in line to modestly higher than consensus expectations. * In this quarter, bank EPS will begin to improve and grow relative to the S&P - with flat to slightly higher operating pro...
Valuation and 2 Names to Watch Into Earnings: Market Recon
Citigroup and Lululemon are on the radar this morning.
These Financials Report Tuesday
Tomorrow morning we have several financials reporting their quarterly results before the market open: Charles Schwab Citigroup Goldman Sachs JP Morgan Chase Wells Fargo What I've noticed is expectations for both Goldman as well as Morgan Stanley , w...
What Are the Factors That Will Drive Fourth Quarter Moves in the Markets?
When things are going well it is always difficult to see an inflection point.
3 Financial Stocks to Buy Now
Lower interest rates has already been priced into the markets, and these 3 stocks report next week.
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
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
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
There is also reason to see longer-term equity strength in valuations.
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
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
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
These stocks and sectors are safe havens, and may even be opportunities.
