Wells Fargo – An Investment Here Will Take You Far

The US economy is expected to grow 3% in fiscal year 2014, which will be positive for market confidence and will eventually encourage more depositors to take out loans, resulting higher revenues for Wells Fargo

Wells Fargo & Company with assets of over $1 trillion is ranked among the top banks in the US. The analysts think that it should also be among the top picks for you if you are considering taking a position in the US banking industry

Wells Fargo recently increased its quarterly dividends by 20% to $0.30 in the second quarter of fiscal year 2013, marking an 82% increase in dividends from only three years ago

The Wells Fargo current per share payout has pulled the stock’s dividend yield up to 2.63%. It is quite interesting that the bank is frequently cited as Warren Buffett’s favorite in the industry

It obvious that the Big Four banks have historically generated strong cash flows in US and one of them is the Wells Fargo, barring the period between 2008 and 2011 :)

Wells Fargo took the broadside of the economic crisis since their businesses were most exposed to the worst hit segments of the economy and http://goo.gl/xRyYHq

Wells Fargo has steadily increased its common equity over the past years while simultaneously decreasing long-term borrowing, thereby lowering the risks associated with a highly leveraged balance sheet ;)

The analysts like this stock, and recommend Wells Fargo as a buy to investors seeking stable and incremental returns from a major bank that is well positioned to benefit from the recovery.

The analysts states “If you are bullish on the US economy, then Wells Fargo should be your investment of choice”

Thanks for telling about Wells Fargo :)