Shares of $WFC fell more than 6% after the results. Currently, the bank's stock seems quite undervalued, and this drop creates an even more solid discount. I'm not buying since I already have $BAC in my portfolio , but this is a nice buying opportunity for me.
Hasanyone bought shares of $WFC?
I will not be shopping in this sector. $JPM is enough for me :) But the banks all started with a drop I guess, so I wonder what effect that will have on trading this week.
Agreed, I'm not buying anything either, but for someone who doesn't have stocks from this sector in their portfolio yet, this could be an interesting opportunity.
