261

Wells Fargo (WFC-N)

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Wells Fargo
WFC-N

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Signal	Opinion	Expert
SELL	Wells Fargo(WFC-N) March 21, 2019 There are more issues with this one than the others. The Fed is now monitoring them and have them under restrictions. He sold within 10 days of the news items about the pervasiveness of the problems. There are other companies you can go to that don’t present the issues this one does. investment companies/funds 0 0 0 0 0 0 comments	There are more issues with this one than the others. The Fed is now monitoring them and have them under restrictions. He sold within 10 days of the news items about the pervasiveness of the problems. There are other companies you can go to that don’t present the issues this one does. investment companies/funds 0 0 0 0 0 0 comments Gordon Reid President, GoodReid Investment ... Price $49.860 Owned No

COMMENT	Wells Fargo(WFC-N) February 5, 2019 BAC vs. Wells Fargo Both are well-run, with BAC trading at a slightly lower multiple, so he favours BAC. Also, Wells has a scandal to still deal with it and management issues, which is why he's stayed away from it. A rising yield curve boosts all the US banks, so that's's now a headwind as rate increases slow down. Both benefit from a strong US economy. investment companies/funds 0 0 0 0 0 0 comments	BAC vs. Wells Fargo Both are well-run, with BAC trading at a slightly lower multiple, so he favours BAC. Also, Wells has a scandal to still deal with it and management issues, which is why he's stayed away from it. A rising yield curve boosts all the US banks, so that's's now a headwind as rate increases slow down. Both benefit from a strong US economy. investment companies/funds 0 0 0 0 0 0 comments Colin Stewart CEO & Port, JC Clark Investments... Price $49.270 Owned No
DON'T BUY	Wells Fargo(WFC-N) February 1, 2019 This is lagging their peers in the US financial space. If interest rates increase, earnings will grow. He thinks their reputation still needs some improving before it brings back investors. investment companies/funds 0 0 0 0 0 0 comments	This is lagging their peers in the US financial space. If interest rates increase, earnings will grow. He thinks their reputation still needs some improving before it brings back investors. investment companies/funds 0 0 0 0 0 0 comments Chris Stuchberr Portfolio , Wellington-Altus Pri... Price $48.910 Owned Unknown
COMMENT	Wells Fargo(WFC-N) January 18, 2019 He owns three US banks and one Canadian. He owns WFC-N instead of BAC-N, when it the market became worried about management changes there that created an oversold situation. BAC-N is a fine one as well. investment companies/funds 0 0 0 0 0 0 comments	He owns three US banks and one Canadian. He owns WFC-N instead of BAC-N, when it the market became worried about management changes there that created an oversold situation. BAC-N is a fine one as well. investment companies/funds 0 0 0 0 0 0 comments Norman Levine Managing D, Portfolio Management... Price $50.010 Owned _N/A
PAST TOP PICK	Wells Fargo(WFC-N) January 4, 2019 (A Top Pick May 31/18, Down 12%) Exit level was $50.50. Needs to move above $48.20 before you buy. There are opportunities other than banks in the market right now. investment companies/funds 0 0 0 0 0 0 comments	(A Top Pick May 31/18, Down 12%) Exit level was $50.50. Needs to move above $48.20 before you buy. There are opportunities other than banks in the market right now. investment companies/funds 0 0 0 0 0 0 comments Jeff Parent B. VP & Portf, Castlemoore Inc.... Price $47.950 Owned No
PAST TOP PICK	Wells Fargo(WFC-N) December 13, 2018 (A Top Pick Jul 24/18, Down 11%) Just added some today. It had performed better than other banks in the US until just recently. A great opportunity to pick up the stock. They are working on their issues. Yield is 3.5% and it is trading at 12 times earnings. Their hands are tied behind their back but he thinks that is going to end in the second half of 2019 and they are showing good growth and profitability. You can't go wrong. investment companies/funds 0 0 0 0 0 0 comments	(A Top Pick Jul 24/18, Down 11%) Just added some today. It had performed better than other banks in the US until just recently. A great opportunity to pick up the stock. They are working on their issues. Yield is 3.5% and it is trading at 12 times earnings. Their hands are tied behind their back but he thinks that is going to end in the second half of 2019 and they are showing good growth and profitability. You can't go wrong. investment companies/funds 0 0 0 0 0 0 comments John O'Connell, Chairman a, Davis Rea... Price $47.030 Owned Yes
BUY	Wells Fargo(WFC-N) November 27, 2018 They've had a few years of bad press, including employees doing fraudulent selling practices. That said, WFC has recovered well. A good bank, though he owns other American ones. investment companies/funds 0 0 0 0 0 0 comments	They've had a few years of bad press, including employees doing fraudulent selling practices. That said, WFC has recovered well. A good bank, though he owns other American ones. investment companies/funds 0 0 0 0 0 0 comments David Baskin President, Baskin Wealth Manage... Price $53.190 Owned No
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

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