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UPDATE: Baird Downgrades Bank of America (BAC) to Neutral

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Wells Fargo Introduces 35 "Signature Picks" - Here's Which Stocks Made It

May 3, 2021 7:17 AM EDT

Christopher Harvey, a senior research analyst at Wells Fargo, unveiled today the "Signature Picks" portfolio consisting of 35 stocks.

A portfolio, accessible under the Bloomberg ticker WFSSBEST Index, highlighting the banks "best stock ideas in a diversified, risk-adjusted package." The goal is to outperform the S&P500 over a 1-year period via stock selection, not sector rotation, Harvey writes in a note.

Signature Picks has no preordained style/factor biases (unlike our former model portfolio, the QQP). It is designed to be an eclectic/opportunistic portfolio with a... More

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