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Wells Fargo (WFC-N)

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Wells Fargo
WFC-N

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What the experts are saying about WFC-N

Signal	Opinion	Expert
DON'T BUY	Wells Fargo(WFC-N) November 12, 2018 It is a big bank but has more regulatory issues than the others. He would not own any of the right now. See Utilities for yield. (Analysts’ price target is $62.00) investment companies/funds 0 0 0 0 0 0 comments	It is a big bank but has more regulatory issues than the others. He would not own any of the right now. See Utilities for yield. (Analysts’ price target is $62.00) investment companies/funds 0 0 0 0 0 0 comments Cameron Hurst Chief Inve, Equium Capital Manag... Price $52.350 Owned Unknown

TOP PICK	Wells Fargo(WFC-N) November 8, 2018 The forth biggest bank in the US and the second biggest market cap in the word. Previous management sold inappropriate products to customers so they are in the penalty box with regulators. It has a great franchise, growth prospects look good but sells at a discount. He uses this as an opportunity to buy the stock. He refers the banking environment in the US. They are much more sensitive to rising interest rates, in a positive sense, to Canadian banks. (Analysts’ price target is $62.43) investment companies/funds 0 0 0 0 0 0 comments	The forth biggest bank in the US and the second biggest market cap in the word. Previous management sold inappropriate products to customers so they are in the penalty box with regulators. It has a great franchise, growth prospects look good but sells at a discount. He uses this as an opportunity to buy the stock. He refers the banking environment in the US. They are much more sensitive to rising interest rates, in a positive sense, to Canadian banks. (Analysts’ price target is $62.43) investment companies/funds 0 0 0 0 0 0 comments Norman Levine Managing D, Portfolio Management... Price $53.160 Owned Yes
PAST TOP PICK	Wells Fargo(WFC-N) November 5, 2018 (A Top Pick Apr 10/18, Up 4%) They have not quite recovered from earlier this year. It is in the penalty box. He does not have big anticipation for it to go one way or the other. investment companies/funds 0 0 0 0 0 0 comments	(A Top Pick Apr 10/18, Up 4%) They have not quite recovered from earlier this year. It is in the penalty box. He does not have big anticipation for it to go one way or the other. investment companies/funds 0 0 0 0 0 0 comments Jeff Parent B. VP & Portf, Castlemoore Inc.... Price $53.660 Owned Yes
BUY	Wells Fargo(WFC-N) August 30, 2018 Model price of $54.93, about 7% lower than what it is trading at. This one never got cheap enough for him to buy it. There is value elsewhere, see his Top Picks. investment companies/funds 0 0 0 0 0 0 comments	Model price of $54.93, about 7% lower than what it is trading at. This one never got cheap enough for him to buy it. There is value elsewhere, see his Top Picks. investment companies/funds 0 0 0 0 0 0 comments Brian Acker, CA Chief Exec, Acker Finley Inc.... Price $58.460 Owned Unknown
PAST TOP PICK	Wells Fargo(WFC-N) July 27, 2018 (A Top Pick May 31/18, Up 9%) Breaking nicely above $56 resistance line. Forming longer-term uptrend, as are other big US banks. Looks good, continue to hold. investment companies/funds 0 0 0 0 0 0 comments	(A Top Pick May 31/18, Up 9%) Breaking nicely above $56 resistance line. Forming longer-term uptrend, as are other big US banks. Looks good, continue to hold. investment companies/funds 0 0 0 0 0 0 comments Jeff Parent B. VP & Portf, Castlemoore Inc.... Price $58.630 Owned No
PAST TOP PICK	Wells Fargo(WFC-N) May 31, 2018 (A Top Pick April 10/18 Up 4%) The regulatory issues have been resolved or are discounted by the market already. He is looking for $59 as on objective and is using $51.80 as his stop. A nice upward trend, like the market as a whole. Yield 2.9% investment companies/funds 0 0 0 0 0 0 comments	(A Top Pick April 10/18 Up 4%) The regulatory issues have been resolved or are discounted by the market already. He is looking for $59 as on objective and is using $51.80 as his stop. A nice upward trend, like the market as a whole. Yield 2.9% investment companies/funds 0 0 0 0 0 0 comments Jeff Parent B. VP & Portf, Castlemoore Inc.... Price $53.990 Owned Yes
COMMENT	Wells Fargo(WFC-N) May 3, 2018 Not one that he covers very closely. The US banks all have come down. He thinks you can buy some of the US banks here. Probably you should be OK buying here. investment companies/funds 0 0 0 0 0 0 comments	Not one that he covers very closely. The US banks all have come down. He thinks you can buy some of the US banks here. Probably you should be OK buying here. investment companies/funds 0 0 0 0 0 0 comments Greg Newman Director &, Scotia Wealth Manage... Price $51.540 Owned No
DON'T BUY	Wells Fargo(WFC-N) April 16, 2018 Sold her shares in February when Wells got a consent decree which will restrict their growth going forward. She bought JP Morgan instead. She wouldn't re-buy Wells until there's further regulatory clarity with their other products. investment companies/funds 0 0 0 0 0 0 comments	Sold her shares in February when Wells got a consent decree which will restrict their growth going forward. She bought JP Morgan instead. She wouldn't re-buy Wells until there's further regulatory clarity with their other products. investment companies/funds 0 0 0 0 0 0 comments Christine Poole CEO & Mana, GlobeInvest Capital ... Price $50.800 Owned No
COMMENT	Wells Fargo(WFC-N) April 11, 2018 Bank of America (BAC-N) vs Wells Fargo (WFC-N). He is staying away from Wells Fargo due to the cease and desist order. Higher rates helps both of them. He leans slightly towards BAC-N. investment companies/funds 0 0 0 0 0 0 comments	Bank of America (BAC-N) vs Wells Fargo (WFC-N). He is staying away from Wells Fargo due to the cease and desist order. Higher rates helps both of them. He leans slightly towards BAC-N. investment companies/funds 0 0 0 0 0 0 comments Cameron Hurst Chief Inve, Equium Capital Manag... Price $51.930 Owned Unknown
TOP PICK	Wells Fargo(WFC-N) April 10, 2018 Weathering some trust issues, but will rebuild that trust. Stop level is below $50. $58 is the next resistance level. But earnings come out Friday morning. (Analysts' price target $63.24) investment companies/funds 0 0 0 0 0 0 comments	Weathering some trust issues, but will rebuild that trust. Stop level is below $50. $58 is the next resistance level. But earnings come out Friday morning. (Analysts' price target $63.24) investment companies/funds 0 0 0 0 0 0 comments Jeff Parent B. VP & Portf, Castlemoore Inc.... Price $52.620 Owned No
COMMENT	Wells Fargo(WFC-N) March 27, 2018 BAC vs. Wells Fargo? He's long the U.S. banks more than Canadian ones, given better economic growth down there. BAC is at the top of the U.S. banks for earnings growth. Prefers BAC over Wells. Once Wells overcomes the recent customer service controversy, it'll take time for the bank to recover. investment companies/funds 0 0 0 0 0 0 comments	BAC vs. Wells Fargo? He's long the U.S. banks more than Canadian ones, given better economic growth down there. BAC is at the top of the U.S. banks for earnings growth. Prefers BAC over Wells. Once Wells overcomes the recent customer service controversy, it'll take time for the bank to recover. investment companies/funds 0 0 0 0 0 0 comments John Zechner Chairman, J. Zechner & Assoc... Price $51.100 Owned Unknown
DON'T BUY	Wells Fargo(WFC-N) March 19, 2018 Bank of America or Wells Fargo? Both are well-diversified and have interest rate sensitivity. BAC has better capital markets exposure, which he likes. Wells Fargo is in the doghouse with leadership, namely with regulatory problems. This hamstrings WF management. This is a big knock against them. Definitely prefers BAC. investment companies/funds 0 0 0 0 0 0 comments	Bank of America or Wells Fargo? Both are well-diversified and have interest rate sensitivity. BAC has better capital markets exposure, which he likes. Wells Fargo is in the doghouse with leadership, namely with regulatory problems. This hamstrings WF management. This is a big knock against them. Definitely prefers BAC. investment companies/funds 0 0 0 0 0 0 comments Cameron Hurst Chief Inve, Equium Capital Manag... Price $55.480 Owned Unknown
COMMENT	Wells Fargo(WFC-N) March 15, 2018 A bank that he admired for many years, but it turned out they were doing some things they shouldn’t be doing. If you are a very long-term investor, you will do OK with this one, but he prefers other choices. (Analysts’ price target is $64.93) investment companies/funds 0 0 0 0 0 0 comments	A bank that he admired for many years, but it turned out they were doing some things they shouldn’t be doing. If you are a very long-term investor, you will do OK with this one, but he prefers other choices. (Analysts’ price target is $64.93) investment companies/funds 0 0 0 0 0 0 comments Norman Levine Managing D, Portfolio Management... Price $56.830 Owned No
SELL	Wells Fargo(WFC-N) March 14, 2018 Sell if you're under water. They got caught for unethical sales practices everywhere in their business and the Fed severely punished them. He sold it within days of the news. Instead, he owns Bank of America, Citibank and Morgan Stanley. investment companies/funds 0 0 0 0 0 0 comments	Sell if you're under water. They got caught for unethical sales practices everywhere in their business and the Fed severely punished them. He sold it within days of the news. Instead, he owns Bank of America, Citibank and Morgan Stanley. investment companies/funds 0 0 0 0 0 0 comments Gordon Reid President, GoodReid Investment ... Price $56.630 Owned No
DON'T BUY	Wells Fargo(WFC-N) March 1, 2018 They’ve had issues with consumers, with people on the Board. The Fed has restricted them from growing assets and generally made it tough for Wells to grow. investment companies/funds 0 0 0 0 0 0 comments	They’ve had issues with consumers, with people on the Board. The Fed has restricted them from growing assets and generally made it tough for Wells to grow. investment companies/funds 0 0 0 0 0 0 comments Bryden Teich Portfolio , Avenue Investment Ma... Price $57.310 Owned Unknown

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