| Prev Close | 48.94 |
| Open | 49.03 |
| Day Low/High | 48.29 / 49.09 |
| 52 Wk Low/High | 43.34 / 54.75 |
| Volume | 12.59M |
| Avg Volume | 18.98M |
Wells Fargo & Co. (WFC)
48.48
0.45
0.93
NYSE : Finance
| Exchange | NYSE |
| Shares Outstanding | 4.13B |
| Market Cap | 203.33B |
| EPS | 4.10 |
| P/E Ratio | 12.14 |
| Div & Yield | 2.04 (3.90%) |
Latest News
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.
Banks Lead Off Q4 Earnings, Safeguarding the Yield Curve, Jobs Data
You are hearing talk of an 'earnings recession'. Just talk, my friends. Our marketplace has already been mired in an earnings recession for quite some time.
Will Big News Catalysts Slow the Market Uptrend?
Stocks are set to gap up at the open this morning, but the big question is whether the news flow will be used as an excuse for some further profit taking.
The Dow Touches 29,000 and Sellers Step In
It is highly unlikely that the indices are going to roll over and go straight down from here.
Jim Cramer: Time for Boeing to Fess Up
There are three distinct periods that must be investigated.
Jim Cramer: Investors May Need 'Warren' Insurance in 2020
The electorate will decide whether the market has room to run again next year.
I Talk a Lot About Stocks' Performance -- Now I'll Talk About Mine
Here's a look back at how my recommendations worked out.
I've Sold My Entire Boeing Stake
* I am calling an audible based on the Seattle Times report and management's apparent "slow play" on the fuselage damage during a stress test * The optics are poor * Though downside seems limited, Boeing may become even more of a "show me" stock, wi...
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.
