Wells Fargo & Company
NYSE: WFC
$69.82
-$2.65 (-3.7%)
Closing Price on November 7, 2024
WFC Articles
One popular trend among investors is "whale watching." This is where investors follow the greatest fund managers and independent investor picks.
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The financial services sector was one of the biggest beneficiaries of the Trump bump. But things are different now, right before the slow summer months.
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Sticking with the big money center leaders makes sense, especially with some volatility creeping back into the overall markets. While the near term could get rocky, the long-term outlook for all...
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If Warren Buffett is considered the greatest investor of the modern era, and if he has held the title of the world's richest man, then maybe he knows a thing or two.
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The Merrill Lynch picks for the second quarter are doing outstanding and still look like solid choices to add to portfolios as we get closer to the traditionally slower summer months.
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The top analyst upgrades, downgrades and initiations seen on Tuesday include Amazon.com, American Express, Best Buy, General Electric, JPMorgan, Wells Fargo and Conagra Brands.
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Insider activity was limited last week, with windows for transactions being mostly closed, but we did see some huge institutional trades hit the tape.
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Wells Fargo reported first-quarter EPS of $1.00, essentially flat year over year. Net interest income slipped while noninterest income rose. But rising noninterest expenses cut into profits.
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Right now bank fundamentals are stuck in a tight spot, but this might not be for long after a few major banks report earnings on Thursday morning.
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The top analyst upgrades, downgrades and initiations seen on Monday include Canada Goose, Cypress Semiconductor, Ralph Lauren, Sunoco, Tesla and Wells Fargo.
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24/7 Wall St. has put together a preview of some of the major companies reporting their quarterly results this week.
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Merrill Lynch has avoided high-flying momentum ideas and focused on solid companies that are reasonably priced and may stand to benefit from new initiatives from the administration and other macro...
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Financial stocks have perhaps seen the biggest boom since the Trump rally started in late November. But is it safe to keep buying into these stocks now that the rally is seemingly subsiding?
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Given the fact that consumer confidence is the highest in 16 years, and the Federal Reserve will continue to raise interest rates, the outlook for the financial sector seems positive.
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One thing that could help this market would be either a solid sell-off or a long sideways move. Either way, gains need to be consolidated, so it’s likely the sellers will continue to dominate.
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