Sep. 16 at 1:00 PM
$WFC
$WFC spent 7 years with a
$1.95T regulatory ceiling on growth.
That ceiling is gone.
Now management says loan growth is running ahead of plan, margins could beat guidance, and the stock is still trading around 12x forward earnings.
Meanwhile, the market just sold the banks together on a
$BAC warning.
I don’t think they’re the same trade.
My setup:
📍 Buy zone:
$90.88 or better
🎯 Street target: ~
$100
📅 Oct. 13 earnings catalyst
⚡ Defined-risk March 2027
$90/
$100 call spread
Wells Fargo may finally have something it hasn’t had in years: permission to grow.
Full thesis in this week’s Resilient Trader.
https://www.theresilienttrader.com/p/handcuffs-that-just-came-off-in-wells-fargo-wfc
