Manifest Investing

Company	Ticker	Sector \| Industry	Quality	PAR
Wells Fargo	WFC	Financials \| Banks (Global)	93	11.8%

Current Price (01/18)			$50.01
CAPS Rating (Rate this stock on CAPS)

Expected Income Statement
Current Book Value			38.93
Book Value Growth Forecast			6.7%
Return on Equity			12.2%

Projected Shares Outstanding			4,800.00
EPS - Five year Forecast			$6.55
Average P/E Ratio			12.0
Projected Average Price			$78.65

Price Appreciation (Annualized)			9.5%
Annual Dividend Yield			2.3%
Projected Annual Return			11.8%

Quality
Financial Strength			95	23.8
EPS Stability			91	22.6
Industry Book Value Growth Rate			6.0%	13.9
Industry Return on Equity			11.5%	13.3
Calculated Quality Rating			73.5

Fool CAPS
Total Players 4770 Outperforms 494 Underperforms All-Stars (1083) 1018 Outperforms (94%) 65 Underperforms

Fundamental Data Updated: 11/09/2018

MIPAR	9.3%
Sweet Spot	14.3% - 19.3%

Quality Legend:
Blue	Excellent with quality greater than 80.
Green	Good with quality between 60 and 80.
Neutral	Average or below average with quality between 20 and 60.
Red	Poor with quality less than 20.
Companies with less than 10 years of history are penalized by 5 points per year.
PAR Legend:
Green	PAR is within the target range of MIPAR +5-10%, currently 14.3%-19.3%
Yellow	PAR is above the target range of MIPAR +10%, currently 19.3%
PAR	Projected Annual Return
MIPAR	The Manifest Investing Median PAR of all stocks in the database.
Company Name Legend:
*	Not covered by Value Line Standard Edition.
b	Uses price-to-book value for valuation purposes.
P/CF	Uses price-to-cash flow for valuation.