> Warren Buffett Blog: Wells Fargo stock may be a decent buy

Monday, October 5, 2015

Wells Fargo stock may be a decent buy

Berkshire Hathaway’s biggest single holding as of June 30, Wells Fargo has a reputation for being one of the most conservatively managed of the biggest U.S. banks, plus it offers a generous 3% dividend yield. The stock recently fell from July highs above $58 to $50 on August 25, and now appears to be retesting that low. The next level of support would be last October’s low of $47.85.