Monday, January 16, 2017

Wells Fargo: Is That What You Call Success?

Wells Fargo reported Q4 results that missed analyst estimates.
The large bank still trades at the high end of sector valuations, despite a relative underperformance over the last three months.
Investors should remember that success is all relative.
Before the open on Friday, Wells Fargo (NYSE:WFC) reported quarterly earnings along with a group of large financials. The troubled bank actually missed estimates while the sector had generally blowout numbers.
Read the full article on Seeking Alpha. 

Disclosure: Long C. Please review the disclaimer page for more details. 


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