Total 4 Posts
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Founded in 1852 in San Francisco, Wells Fargo provides banking, investment and mortgage services, consumer and commercial finance, through 7,400 locations, more than 13,000 ATMs, the internet and mobile banking, and has offices in 32 countries to support customers who conduct business in the global economy. Wells Fargo serves one in three households in the United States.
Most of these are companies I would never buy in normal times. But I do know that over the years, the opportunistic snapping up of bargains and then thinning them as the market bounces - has consistently generated profits for me. Sometimes the market drops again and I get to do it all over again.