Thursday, July 12, 2007

Wells Fargo

Wells Fargo is among the world’s largest Diversified Banks sector businesses in the world. Wells Fargo’s employees generate $8.708B in profits on $34.078B 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 Wells Fargo is determined to remain a market leader. Sectoral leadership in the Diversified Banks segment takes dedication and consistency, but management seeks out-sized growth.

Wells Fargo’s ticker symbol WFC has recently been trading near $35.55 a share. The Wells Fargo corporate headquarters in San Francisco CA 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 $118.728B ensures sufficient liquidity. With a beta of 0.33, the company is less volatile than the market as a whole. When the average equity moves lower, Wells Fargo moves less aggressively.

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