| Prev Close | 30.90 |
| Day Low/High | 29.08 / 31.29 |
| 52 Wk Low/High | 25.11 / 54.75 |
| Avg Volume | 30.36M |
Wells Fargo & Co. (WFC)
30.28
NYSE : Finance
| Exchange | NYSE |
| Shares Outstanding | 4.09B |
| Market Cap | 118.47B |
| EPS | 4.10 |
| P/E Ratio | 44.14 |
| Div & Yield | 2.04 (6.83%) |
Latest News
I See a Smorgasbord of Possible 'Generational' Opportunities: Constructing an Investment Portfolio for the Next 1-3 Years
* Before you read this opening missive be sure you understand your risk appetite and profile as well as your time frame * I see a possible "generational" investment opportunity developing and I am now even more aggressively buying for the intermedia...
Market Friendly Developments?
* Ns over Ss! * The lingering impact of COVID-19 on our behavior helps to explain my large long investments in Google, Amazon and Twitter * Banks were the problem in the last recession, they will be part of the solution over the next few years I am ...
Today's (and Yesterday's) Trades
I added to , , , , , , and this morning. A reminder that yesterday I initiated new positions in , , , , and .
Though This May Not Be 'The' Time to Buy, It May Be 'A' Time to Buy
* The market outlook will be a function of economics and emotion -- I am more optimistic of the outcome than most * Uncertainties and, now panic, are reflected in uneven and inconsistent market swings on a daily and evenly hourly basis * But, uncert...
Jim Cramer: The Question Is, When Can We Buy?
Let's talk about opportunities amid the coronavirus crisis, and how Fed Chair Jerome Powell took bold action that puts us in a better position than before.
There's Too Much Damage on the Wells Fargo Charts
The decline in WFC started early and that should tell us something.
Jim Cramer: Panicking Never Made Anyone a Dime, but These Will
Here are six companies that should come through in the tough times ahead.
There's a Worthy Options Play to Be Had With JP Morgan
I'm not willing to stick my neck out right now and take an equity stake.
Added to 6 Stocks
I added to , , , , and this morning.
Buys Today
, , , , , , , , , .
Messy Markets, Trading Notes, What Now for Microsoft?: Market Recon
What we have witnessed in recent days would be Wall Street and corporate America in aggregate finding great difficulty in quantifying what is clearly at this point, unknowable.
Ugly Scenarios, Ugly Stocks, Ugly Bonds... You Get the Picture: Market Recon
Plus, a bit of coaching on how to put your money to work opportunistically amid the uncertainty.
Hitching Myself to Wells' Wagon
"Just one more thing." - Lt Columbo I am bidding for Wells Fargo on the news of a $3 billion settlement with the government, which was announced after the close.
My Recent Moves
I thought it might be helpful to briefly summarize some of my more meaningful moves in the market over the last few weeks: * I eliminated Goldman Sachs around $240 (my year end 2020 target price) and reduced the size of my , and longs. Lower interes...
Twilio May Not Rally to the Clouds, but Possibly to July Highs
But a shallow dip before renewed gains is possible for TWLO.
You Can Bank on This Dividend Stock's Slow and Steady Approach
Given the headlines of late, it's no wonder so many missed the news of this small Massachusetts Dividend Contender's latest increase.
Liquid
For those that are keeping score, I am very liquid today... Longs: , , , , , ,  , , , , and Shorts: , , , , , , , , , and __________ Long FDX (large), GLD (small), KSS, KHC (large), PZZA, TWTR (large), VIAC (large), M (large), GE (small), C, BAC, W...
Kass: Apple Is the Most Consequential Investment That Warren Buffett Ever Made
Consider that The Oracle is currently 89 years old - and that he made his single best portfolio investment in over a half century at 87 years old!
Berkshire Hathaway's Purchase of Apple Shares May Be Viewed as the Most Consequential Investment That Buffett Has Ever Made...
* It is also probably the greatest investment ever made of a publicly-listed company in history - in either profits in absolute dollar terms or whether based on a time-weighted percentage return * Berkshire Hathaway has made about $43 billion on its...
Banks... It's an Issue of Timing Now
* With a less favorable reward vs. risk ratio, banks are less attractive over the near term I continue to increase my effective cash position and to reduce my gross exposure in this uncertain and elevated equity market. I have been adding to my shor...
Novice Trade: Wells Fargo
The premium for long term options is cheap.
Bank Changes
Yesterday I shorted JP Morgan (at an average price of about $139.65) to hedge out a portion of my , and investments - which could be subject to a price correction in the weeks ahead. Yesterday and today I pared down C and BAC as they approach within...
Jim Cramer: Have Your Cake and Eat It, Too
This is one of those days when there's so much good news that it's overwhelming, and we see moves that we didn't think were possible.
Let's Break Down the Numbers on JPMorgan's Quarter
Here's why I shorted a few on JPM and my take on the eye-popping earnings.
Will Earnings Season Cool an Overheated Market?
Earnings reports could provide a "sell the news" excuse for a pullback, but a powerful wave of Fed-created liquidity is crushing skeptics for now.
Hot Markets, Bank Earnings, China Dealings, Trading Tesla, Zscaler: Market Recon
Monday brought more record highs for the broader equity indices. As a trader, the feeling is so eerie. I'm not kidding.
JPM Short
As I mentioned in my post, I expect some profit taking in the banks stocks - even in light of slightly better than expected fourth quarter reports. Upon review of its earnings report, I have taken a small trading short in JP Morgan at $139.20 (in pr...
3 Major Banks Report Earnings Tuesday
JP Morgan, Citigroup, and Wells Fargo will be first up.
