Hot Railroad Companies To Watch For 2015

Hot Railroad Companies To Watch For 2015: Wells Fargo & Company(WFC)

Wells Fargo & Company, through its subsidiaries, provides retail, commercial, and corporate banking services primarily in the United States. The company operates in three segments: Community Banking; Wholesale Banking; and Wealth, Brokerage, and Retirement. The Community Banking segment offers deposits, including checking, market rate, and individual retirement accounts; savings and time deposits; and debit cards. Its loan products comprise lines of credit, auto floor plans, equity lines and loans, equipment and transportation loans, education loans, residential mortgage loans, health savings accounts, and credit cards. This segment also provides equipment leases, real estate financing, small business administration financing, venture capital financing, cash management, payroll services, retirement plans, loans secured by autos, and merchant payment processing services; purchases sales finance contracts from retail merchants; and a family of funds, and investment managemen t services. The Wholesale Banking segment offers commercial and corporate banking products and services, including commercial loans and lines of credit, letters of credit, asset-based lending, equipment leasing, international trade facilities, trade financing, collection services, foreign exchange services, treasury and investment management, institutional fixed-income sales, commodity and equity risk management, insurance, corporate trust fiduciary and agency services, and investment banking services. This segment also provides banking products for commercial real estate market, and real estate and mortgage brokerage services. The Wealth, Brokerage, and Retirement segment offers financial advisory, brokerage, and institutional retirement and trust services. As of December 31, 2010, the company served its customers through approximately 9,000 banking stores in 39 States and the District of Columbia. Wells Fargo & Company was founded in 1929 and is he! adquartered in San Franc i sco, California.

Advisors' Opinion:

• [By WALLSTCHEATSHEET]

  Wells Fargo is a leading provider of financial services to consumers and companies around the world. A settlement has recently been reached between Wells Fargo and Freddie Mac in regards to repurchase on liabilities on loans. The stock has been exploding to the upside but is now pulling back from yearly highs. Over the last four quarters, earnings and revenues have been rising, however, investors have expected more during earnings announcements. Relative to its peers and sector, Wells Fargo has been an average year-to-date performer. WAIT AND SEE what Wells Fargo does this quarter.

• [By Jay Jenkins]

  Wells Fargo (NYSE: WFC  ) was the top small-business lender in the U.S. for 2012, based on Community Reinvestment Act data. Wells is also the leading originator of loans under the Small Business Association's 7a program, originating $456 million of new loans to small businesses year to date in 2013.

source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/hot-railroad-companies-to-watch-for-2015.html