Wachovia Corp.

Wachovia Corp. is among the world’s largest Diversified Banks sector businesses in the world. Wachovia Corp.’s employees generate $8.365B in profits on $30.205B of revenue. Global output in the Diversified Banks business will likely rise substantially over the next 10 years. Long-term economic growth may lift all boats, but Wachovia Corp. is determined to remain a market leader. Sectoral leadership in the Diversified Banks segment takes dedication and consistency, but management seeks out-sized growth.

Wachovia Corp.’s ticker symbol WB has recently been trading near $52.04 a share. The Wachovia Corp. corporate headquarters in Charlotte NC predicts Diversified Banks profits will satisfy shareholders in search of risk-appropriate returns.

The significance of market volume is sometimes ignored, but with a total market capitalization of $99.571B ensures sufficient liquidity. With a beta of 0.46, the company is less volatile than the market as a whole. When the average equity moves lower, Wachovia Corp. moves less aggressively.