We're selling 100 shares of Wells Fargo at roughly $65 each. Following Friday's trade, Jim Cramer's Charitable Trust will own 2,340 shares of WFC, decreasing its 4.41% weighting to from 4.6%. We're ringing the register on some Wells Fargo shares after a huge run since third-quarter earnings on Oct. 11.
Due to this swift move higher to levels last seen in 2018 before the Fed put a cap on the bank's assets, we think it is prudent to take some profits. We're also downgrading the stock to our 2 rating , preferring to buy again on a pullback. From this sale, we'll realize a fantastic gain of 92% on stock purchased in January 2021.
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो: