With the S&P 500 having already gained 6.5% this year, and 19% since June, is it heading for a pullback? In the following video, Motley Fool financial analyst Matt Koppenheffer gives his prediction, tells investors what they should do about it, and takes a look at US Bancorp and Wells Fargo , a couple of banks that could look like very enticing buys if prices do drop.
Wells Fargo's dedication to solid, conservative banking helped it vastly outperform its peers during the financial meltdown. Today, Wells is the same great bank as ever, but with its stock trading at a premium to the rest of the industry, is there still room to buy, or is it time to cash in your gains? To help figure out whether Wells Fargo is a buy today, I invite you to download our premium research report from one of The Motley Fool's top banking analysts. Click here now for instant access to this in-depth take on Wells Fargo.
The article Buy Now or Wait for the Sell-Off? originally appeared on Fool.com.
Matt Koppenheffer has no position in any stocks mentioned. The Motley Fool recommends Goldman Sachs and Wells Fargo. The Motley Fool owns shares of Wells Fargo. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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