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Opinion on  Wells Fargo & Company (WFC)     Sector: Financial  >  Industry: Money Center Banks
Bullish on WFC ...

Aug 03, 2009 12:46 PM GMT
Return Risk
+4.19% LOW
Analyst

WFC is another winner bank stock that will break out as soon as they get their system in control of Wachovia. The Market does not recover without the bank stocks and this is one that will lead the way.


WFC:  This call was made on 08/03/09 @ $24.46
Rating:   Positive   $24.46 (08/03/09)
Gain/Loss:   +13.78% in 116 days


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jason444   N/A     1 point   commented 115 days ago reply

Wells Fargo (WFC) shares went crazy yesterday, bringing the rest of the sector along for the ride, after pre-announcing very strong Q1 earnings.That the bank could show such impressive record results almost seemed too good to be true, given how badly the economy continues to perform windows backup software.Some are openly skeptical of the numbers, on the grounds that Wells is under-reserving capital against future losses.cheap web hosting services and internet marketing tips.


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