I think that, when we see the stock price and see what kind of company WFC is, the option of buying looks tempting at this moment. Not to mention that all banks are expecting an increase in business as the pandemic calms down which will undoubtedly have a positive effect on the stock in one way or the other.
I have no doubt that WFC is a good long term investment at this moment but that is not the way I roll. I am looking from the perspective that WFC can go above 50 or 55 by autumn. How likely is that?
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27 years at wfb... loved it... great company and the stock treated me well