I have been buying this stock as it hit new lows in last few weeks. Buying it to hold long term.
This is one of the strongest banks in America.
They make intelligent business decisions, such as hiring young female hotties as tellers to staff the teller windows at their banks! Any (straight) man who has banked with Wells Fargo has certainly noticed this.
Of course, we are not stupid. Wells Fargo’s interest rates are MUCH lower than what we get through E*TRADE, so we keep only a min amount in the Wells Fargo accounts that we need for local bank services.