Many financials stocks often fly under the radar. They are not typically viewed in the same way as high-flying artificial intelligence companies that will disrupt all aspects of daily life as we know it.
Wells Fargo is no longer a penalty-box bank, and credit is stable, capital is strong, and the asset cap is finally lifted, unlocking growth potential. The bank delivers solid earnings, aggressive buybacks, and improving efficiency, yet trades at a discount to peers, creating a compelling value opportunity. Shareholder returns are robust, with a sustainable 8%+ yield through dividends and buybac...
Wednesday's action on the stock market was fairly sedate, with stock market indexes like the S&P 500 index essentially moving sideways. That wasn't the case with big American bank Wells Fargo (WFC 3.09%), as its shares bounced more than 3% higher.
Wells Fargo's preferred shares now offer a 6.4% yield, making the risk/reward ratio even more attractive amid higher interest rates. The bank only needs about 6% of net profit to cover preferred dividends, ensuring strong coverage and safety for preferred shareholders. Series Z preferred shares trade at a discount, boosting yield and offering potential capital gains if interest rates decline in...
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo Investment Institute (WFII) today released its “Midyear Outlook report: Opportunities amid uneven terrain.” The first half of 2025 delivered some of the most stunning and rapid policy changes of the past 80 years. This midyear report assesses the changes since the release of WFII's 2025 Outlook in December and highlights the potential risks and opport...
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