(01-08-2018, 01:39 PM)rapidacid Wrote:(01-08-2018, 01:28 PM)divmenow Wrote: Any opinion on WFC? I wish I would have bought more at its lows last year. I want to add more but not sure I want to chase here. But then again I could see it going to $70.
Bad news after bad news from this company all year and it's at all time highs? Doesn't seem bearish to me. How do its metrics ( including current yield ) stack up against your other options for purchase? If you're on a dividend forum then I assume you're interested in receiving dividends. Not longing for where price has been and guessing as to where price might go.
I already own the name. Just want a bit more shares. I also like banks for 2018. I have WFC, JPM, BAC, PNC, V, MA and TRV
And I agree if its at new highs with all the bad news. Imagine where it can go when its firing on all cylinders.