Wells Fargo

WFC-N

NYSE:WFC

39.79
0.98 (2.40%)
Wells Fargo & Company is an American international banking and financial services holding company headquartered in San Francisco, California, with "hubquarters" throughout the country.
More at Wikipedia

Analysis and Opinions about WFC-N

Signal
Opinion
Expert
BUY
BUY
April 7, 2021
US banks are great, one of the top performing industries in the S&P. WFC has a great valuation, trading around book value, and it didn't do that great in 2020.
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Wells Fargo (WFC-N)
April 7, 2021
US banks are great, one of the top performing industries in the S&P. WFC has a great valuation, trading around book value, and it didn't do that great in 2020.
Stan Wong
Price
$39.830
Owned
Yes
BUY
BUY
February 8, 2021
Economic activity is pushing up long-term rates as the Fed restrains long-term rates. This results in a rising yield curve, which swells the bottom line of banks. WFC is the cheapest of the banks. Good CEO, too.
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Wells Fargo (WFC-N)
February 8, 2021
Economic activity is pushing up long-term rates as the Fed restrains long-term rates. This results in a rising yield curve, which swells the bottom line of banks. WFC is the cheapest of the banks. Good CEO, too.
Jim Cramer - Mad Money
Price
$33.400
Owned
Unknown
DON'T BUY
DON'T BUY
January 22, 2021
Have avoided it and owns other US banks. They are still dealing with their scandal and related issues which continue to dog the company. Surprised that the company hasn't moved on faster from these issues to rebuild earnings. They have cut dividends when peers have raised them. There is no question they will turnaround, the question is when.
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Wells Fargo (WFC-N)
January 22, 2021
Have avoided it and owns other US banks. They are still dealing with their scandal and related issues which continue to dog the company. Surprised that the company hasn't moved on faster from these issues to rebuild earnings. They have cut dividends when peers have raised them. There is no question they will turnaround, the question is when.
TOP PICK
TOP PICK
January 13, 2021
Outlook on banks has become quite bullish. Vaccine rollout, fiscal stimulus, steepening yield curve. Loan demand should climb, and loan defaults should shrink. Should see more share buybacks and higher dividends. Trades below tangible book value. New management is focusing on moving past legal troubles. Yield is 1.18%. (Analysts’ price target is $35.27)
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Wells Fargo (WFC-N)
January 13, 2021
Outlook on banks has become quite bullish. Vaccine rollout, fiscal stimulus, steepening yield curve. Loan demand should climb, and loan defaults should shrink. Should see more share buybacks and higher dividends. Trades below tangible book value. New management is focusing on moving past legal troubles. Yield is 1.18%. (Analysts’ price target is $35.27)
Stan Wong
Price
$33.905
Owned
Yes
BUY
BUY
December 18, 2020
They boast a smart CEO, and a tailwind is the SEC allowing US banks to do share buybacks again. Banks will jump on Monday.
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Wells Fargo (WFC-N)
December 18, 2020
They boast a smart CEO, and a tailwind is the SEC allowing US banks to do share buybacks again. Banks will jump on Monday.
Jim Cramer - Mad Money
Price
$29.010
Owned
Unknown
DON'T BUY
DON'T BUY
December 7, 2020

He owned it 5 or 6 years ago. The space in general is facing a lot of longer term headwinds. There is increased regulatory scrutiny facing the sector. There are places in the financial space he likes better. Warren Buffet has trimmed his position in the financials. The guest likes EVR-N. It is a pure play and a higher return on equity.

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Wells Fargo (WFC-N)
December 7, 2020

He owned it 5 or 6 years ago. The space in general is facing a lot of longer term headwinds. There is increased regulatory scrutiny facing the sector. There are places in the financial space he likes better. Warren Buffet has trimmed his position in the financials. The guest likes EVR-N. It is a pure play and a higher return on equity.

Bryden Teich
Price
$29.340
Owned
No
DON'T BUY
DON'T BUY
October 9, 2020
There are many questions about the planned turnaround and the CEO is too reluctanct to explain his plan.
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Wells Fargo (WFC-N)
October 9, 2020
There are many questions about the planned turnaround and the CEO is too reluctanct to explain his plan.
Jim Cramer - Mad Money
Price
$25.300
Owned
Unknown
DON'T BUY
DON'T BUY
August 27, 2020
Weakest of the big US money centre banks. A chequered recent last 10 years. 60% off of pre-pandemic highs. Hard to get behind them in this environment. Err to the side of safety and go with some of the more senior banks.
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Wells Fargo (WFC-N)
August 27, 2020
Weakest of the big US money centre banks. A chequered recent last 10 years. 60% off of pre-pandemic highs. Hard to get behind them in this environment. Err to the side of safety and go with some of the more senior banks.
Gordon Reid
Price
$24.585
Owned
No
WAIT
WAIT
August 5, 2020
Well run until the whole fiasco. Hasn't performed well from the March 23 bottom. The Fed has been pumping money in, but Wells doesn't have a capital market to benefit from this. It's more tied to the economy. Not a bad bet right now as a value play compared to its peers. Taking proactive steps to conserve cash. Wait on the banks overall.
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Wells Fargo (WFC-N)
August 5, 2020
Well run until the whole fiasco. Hasn't performed well from the March 23 bottom. The Fed has been pumping money in, but Wells doesn't have a capital market to benefit from this. It's more tied to the economy. Not a bad bet right now as a value play compared to its peers. Taking proactive steps to conserve cash. Wait on the banks overall.
Brooke Thackray
Price
$24.435
Owned
Unknown
COMMENT
COMMENT
July 24, 2020
US Banks? The big US banks have reported this week. All have pre-signalled what they expect loan losses from the pandemic to be. All the expected losses have been big, making this sector one he is suggesting patience with. He might suggest WFC as they have new executives in place. The company has been hurt and could be moving away from the issues dogging them in the past.
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Wells Fargo (WFC-N)
July 24, 2020
US Banks? The big US banks have reported this week. All have pre-signalled what they expect loan losses from the pandemic to be. All the expected losses have been big, making this sector one he is suggesting patience with. He might suggest WFC as they have new executives in place. The company has been hurt and could be moving away from the issues dogging them in the past.
DON'T BUY
DON'T BUY
June 26, 2020
He does not own this one. It trades at about 0.6 times book value and has a great dividend. The market is telling you there are issues. Their sales methodology is a key concern. They are on the road to recovery. Retail banking will be tough as margins will be squeezed in a flat yield curve world. They also don't have the diversification of a larger global player. They are mostly a commercial retail bank. He doubts they will be able to grow organically like the other big US banks. Yield 7.8%
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Wells Fargo (WFC-N)
June 26, 2020
He does not own this one. It trades at about 0.6 times book value and has a great dividend. The market is telling you there are issues. Their sales methodology is a key concern. They are on the road to recovery. Retail banking will be tough as margins will be squeezed in a flat yield curve world. They also don't have the diversification of a larger global player. They are mostly a commercial retail bank. He doubts they will be able to grow organically like the other big US banks. Yield 7.8%
DON'T BUY
DON'T BUY
May 14, 2020

The very big picture is that we are around generational lows in interest rates. Coming out of this you may see the long end of the bond market selloff and this is good for banks. In terms of solvency issues coming out of COVID that would be a real risk. He bought two others as the market made a turn. In the last two weeks the banks gave up their gains. He is personally short WFC-N. It is now well below the lows. He believes the markets will correct but be careful of buying the weakest bank in the sector. JPM-N or C-N would be preferred to watch.

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Wells Fargo (WFC-N)
May 14, 2020

The very big picture is that we are around generational lows in interest rates. Coming out of this you may see the long end of the bond market selloff and this is good for banks. In terms of solvency issues coming out of COVID that would be a real risk. He bought two others as the market made a turn. In the last two weeks the banks gave up their gains. He is personally short WFC-N. It is now well below the lows. He believes the markets will correct but be careful of buying the weakest bank in the sector. JPM-N or C-N would be preferred to watch.

David Burrows
Price
$23.860
Owned
No
DON'T BUY
DON'T BUY
May 8, 2020
They did not have a good Q1 in earnings. Scandals are still hurting them. He questions how it is being managed. He would wait for better news. There are better US banks out there. Yield 8%
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They did not have a good Q1 in earnings. Scandals are still hurting them. He questions how it is being managed. He would wait for better news. There are better US banks out there. Yield 8%
BUY WEAKNESS
BUY WEAKNESS
March 12, 2020
All banks are down. This one is down 42% so far this year and could possibly go further. In the long term it is a bank that will continue to survive. Interest rates are going so low that they can't make a spread on the money they loan out. Banks are much better capitalized and in far better shape than in the financial crisis. It's going to hurt but you will look back in 5 years and say this was an opportunity.
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Wells Fargo (WFC-N)
March 12, 2020
All banks are down. This one is down 42% so far this year and could possibly go further. In the long term it is a bank that will continue to survive. Interest rates are going so low that they can't make a spread on the money they loan out. Banks are much better capitalized and in far better shape than in the financial crisis. It's going to hurt but you will look back in 5 years and say this was an opportunity.
Norman Levine
Price
$27.805
Owned
Yes
COMMENT
COMMENT
February 14, 2020

Wells Fargo has gone nowhere. There has been poorly managed but they have a new CEO. However, he looks for companies with good organic revenue growth that are not in the penalty box that delivers on growth. He prefers JP Morgan. They keep growing earnings, raising dividends and has a good balance sheet.

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Wells Fargo (WFC-N)
February 14, 2020

Wells Fargo has gone nowhere. There has been poorly managed but they have a new CEO. However, he looks for companies with good organic revenue growth that are not in the penalty box that delivers on growth. He prefers JP Morgan. They keep growing earnings, raising dividends and has a good balance sheet.

Barry Schwartz
Price
$48.220
Owned
Unknown
Showing 1 to 15 of 294 entries

Wells Fargo(WFC-N) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 7

Total Signals / Votes : 10

Stockchase rating for Wells Fargo is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Wells Fargo(WFC-N) Frequently Asked Questions

What is Wells Fargo stock symbol?

Wells Fargo is a American stock, trading under the symbol WFC-N on the New York Stock Exchange (WFC). It is usually referred to as NYSE:WFC or WFC-N

Is Wells Fargo a buy or a sell?

In the last year, 10 stock analysts published opinions about WFC-N. 3 analysts recommended to BUY the stock. 7 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for Wells Fargo.

Is Wells Fargo a good investment or a top pick?

Wells Fargo was recommended as a Top Pick by Stan Wong on 2021-04-07. Read the latest stock experts ratings for Wells Fargo.

Why is Wells Fargo stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Wells Fargo worth watching?

10 stock analysts on Stockchase covered Wells Fargo In the last year. It is a trending stock that is worth watching.

What is Wells Fargo stock price?

On 2021-04-13, Wells Fargo (WFC-N) stock closed at a price of $39.79.