Wells Fargo Stock is trading at levels investors have not seen for a couple of years. This is my first trade for 2016 in Wells Fargo Stock.
This has been my primary US bank stock for years. Like most investors I was dismayed with the plunge in 2008-2009 in the stock’s value but I bought an additional 500 shares of the bank stock from November 2008 to Feb 2009 to average some longer term holdings lower. The bank cuts its dividend during the credit crisis but has since brought it back up and today the dividend is higher than it was prior to 2008 amd the stock has left the 2008 crisis behind.
Wells Fargo Stock Trade Alert
This latest trade outline includes the rescue strategy I may employ for my trade.
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