CrosbyVenture

Dare Catch A Knife? Wells Fargo.

NYSE:WFC   Wells Fargo & Company
Wells is now off more than 50% since the start of the Coronavirus pandemic. However, Wells suffers from much more than a pandemic:

Over the last two years, scandals around nefarious sales practices, some unfortunate executive departures, and an inability to grow top line has hit them hard, and the crisis has hit them especially hard in revenue terms.

We're now looking at 2012 levels, not too far from where we were during the financial crisis.

Peak to trough in 2009 we saw a 69% decline in $ WFC ... more to go here?

Pierce Crosby
GM, Americas @ TradingView

Ideias Relacionadas

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.