WFC - Wells Fargo & Company

NYSE - NYSE Delayed Price. Currency in USD
45.27
-0.32 (-0.70%)
At close: 4:00PM EDT

45.30 +0.03 (0.07%)
After hours: 5:40PM EDT

Stock chart is not supported by your current browser
Previous Close45.59
Open45.58
Bid45.30 x 1400
Ask45.40 x 4000
Day's Range45.14 - 46.02
52 Week Range43.02 - 59.53
Volume13,173,320
Avg. Volume21,879,487
Market Cap203.459B
Beta (3Y Monthly)1.23
PE Ratio (TTM)10.02
EPS (TTM)4.52
Earnings DateJul 16, 2019
Forward Dividend & Yield1.80 (4.06%)
Ex-Dividend Date2019-05-09
1y Target Est52.00
Trade prices are not sourced from all markets
  • The Berkshire Hathaway Portfolio: All 48 Buffett Stocks
    Kiplinger5 hours ago

    The Berkshire Hathaway Portfolio: All 48 Buffett Stocks

    When folks think of the Berkshire Hathaway (BRK.B) portfolio and its collection of holdings, most of which were selected by Chairman and CEO Warren Buffett, the companies that most readily come to mind are probably American Express (AXP), Coca-Cola (KO) and, more recently, Apple (AAPL).But a deep dive into Berkshire Hathaway's equity holdings reveals a more complicated picture.Berkshire Hathaway held positions in 48 separate stocks as of March 31, according to regulatory filings with the Securities and Exchange Commission. But the portfolio of "Buffett stocks" isn't as diversified as the number might suggest. In some cases, BRK.B holds more than one share class in the same company. Some holdings are so small as to be immaterial leftovers from earlier bets the Oracle of Omaha has yet to completely exit.And perhaps most importantly, Berkshire Hathaway's equity portfolio is actually pretty concentrated. The top six holdings account for almost 70% of the portfolio's total value. The top 10 positions comprise nearly 80%. Banks and airlines, to cite a couple of sectors, carry quite a load in this portfolio. Then there's the fact that several Buffett stocks actually were picked by portfolio managers Todd Combs and Ted Weschler.Here, we examine each and every holding to give investors a better understanding of the entire Berkshire Hathaway portfolio. SEE ALSO: The 19 Best Stocks to Buy for the Rest of 2019

  • Wells Fargo, Bank of America bringing down payment assistance programs to Baltimore
    American City Business Journals6 hours ago

    Wells Fargo, Bank of America bringing down payment assistance programs to Baltimore

    Wells Fargo and Bank of America, two of the largest banks in Greater Baltimore, will provide millions for down payment assistance grants to low- and moderate-income homebuyers.

  • U.S. Homebuilder Sentiment Unexpectedly Posts First Drop in 2019
    Bloomberg11 hours ago

    U.S. Homebuilder Sentiment Unexpectedly Posts First Drop in 2019

    (Bloomberg) -- Sentiment among U.S. homebuilders unexpectedly posted the first decline this year, suggesting lower mortgage rates are failing to give the housing market a sustained boost amid property prices that remain out of reach for many buyers.The National Association of Home Builders/Wells Fargo Housing Market Index fell two points to 64 in June, according to a report Monday that was below all estimates in a Bloomberg survey predicting a gain. All three components declined, with sales expectations hitting a four-month low. Readings above 50 indicate more builders view conditions as good than poor.Key InsightsHomebuilders cited rising costs for development and construction, along with concern over trade issues and labor shortages, according to the report. The figures contrast with some signs that the housing market is picking up, as a gauge of mortgage applications jumped earlier this month by the most in four years, while new-home construction advanced in March and April.The report follows a record decline Monday in the New York Fed’s Empire State factory index, suggesting some parts of the economy are heading to a weak finish in the second quarter. Reports out Friday showed solid retail sales and manufacturing output in May, indicating growth is uneven as Federal Reserve policy makers prepare to discuss interest rates at a meeting this week. Investors expect the central bank to lower borrowing costs in July.Official’s View“Despite lower mortgage rates, home prices remain somewhat high relative to incomes, which is particularly challenging for entry-level buyers,” NAHB Chief Economist Robert Dietz said in a statement. “Builders continue to grapple with excessive regulations, a shortage of lots and lack of skilled labor that are hurting affordability and depressing supply.”Get MoreThe index declined in the Northeast and West while rising in the Midwest to the highest since October. It was unchanged in the South.Economists in a Bloomberg survey had projected the main housing sentiment index would rise from 66 to 67.The Washington-based trade association represents more than 140,000 members in areas ranging from building and remodeling to housing finance.\--With assistance from Jordan Yadoo.To contact the reporter on this story: Ryan Haar in Washington at rhaar3@bloomberg.netTo contact the editors responsible for this story: Scott Lanman at slanman@bloomberg.net, Jeff KearnsFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Business Wire12 hours ago

    Wells Fargo Investment Institute Releases Midyear Outlook “Eyes Forward: Opportunities and Obstacles”

    Wells Fargo Investment Institute (WFII) today released its “2019 Midyear Outlook Eyes Forward: Opportunities and Challenges.” The report makes the case that the current 10-year economic expansion is not over and that all avenues for investors to consider will require careful assessment. “The theme we adopted at the beginning of 2019, ‘the end of easy,’ still resonates,” said Darrell Cronk, president of WFII and chief investment officer of Wealth and Investment Management at Wells Fargo.

  • Stock Investors Are Getting Smarter as the Threats Stack Up
    Bloomberg12 hours ago

    Stock Investors Are Getting Smarter as the Threats Stack Up

    (Bloomberg) -- This year’s global stock rally has flown in the face of billions of dollars of outflows, mounting fears for economic growth, and most recently a bombardment of geopolitical shocks.But it might not be as defiant -- or as crazy -- as it seems.As a gauge of global shares looks to extend two weeks of gains, there’s mounting evidence that beneath the surface equity investors have been getting smart. Far from ignoring brewing risks, they’re increasingly positioned for bad news, bidding up defensive and quality companies at the expense of those more exposed to the economic cycle.It all challenges the narrative that the stock markets have paid no heed to the warnings screamed by global bonds, or that they are simply counting on accommodative central bankers to juice asset prices.“People are bracing for a bear market,” said Brian Jacobsen, a senior investment strategist of multi-asset solutions at Wells Fargo Asset Management, which oversees $476 billion. “Not predicting it. Just trying to be prepared.”As traders favor firms that can weather a potential downturn, the valuation discount of value to growth stocks has surged to the widest since 2001. The Goldman Sachs Group Inc. gauge of high quality shares is outperforming the S&P 500 Index this month. And the Russell 2000 Index of small caps is trading near the biggest discount versus the Russell 3000 Index since at least 2006.The extremity of this push into safer equities has seen the likes of Morgan Stanley warn about a “big unwind’’ if their performance stumbles. Riskier shares attempted a comeback last month, with weak balance sheet stocks in the U.S. outperforming peers with strong balance sheets.But the trend didn’t last. In June, investors are once again rewarding companies flush with cash and low debt, lifting their premium over those with less attractive financial profiles to near a record high.“Valuations don’t matter too much until they get to eye-watering extremes,” said Jacobsen. “I don’t think that they’re at eye-watering extremes” for defensive shares, he said.Momentum stocks have been another winner from the search for a place to hide, with the investing style outperforming value shares by a near-record 17% in May. They have continued beating cheaper stocks this month due to a strong overlap with quality and low-volatility equities, according to Morgan Stanley.At essence, stock investors appear to be trying to hedge their bets between two major outcomes. On the one hand, they’re staying invested on the prospect of an extension of the business and economic cycle, perhaps prolonged by a trade war breakthrough or central bank largess. On the other, they’re opting for safe shares in case the U.S.-China protectionist battle drags out or escalates, derailing global growth.“The correct positioning is not obvious and it’s a tough call,” said Edward J. Perkin, chief equity investment officer at Eaton Vance Management. “With the equity market near all-time highs, do you take economic risk by owning cyclicals, or valuation and interest rate risk by buying defensive sectors at high prices?”Perkin favors a middle ground: He likes companies with solid financials, though he’s focused on economically sensitive sectors that can outperform if growth remains strong. And he cautions that not all defensive sectors are attractive, warning against expensive yield-sensitive sectors and consumer staples due to their financial leverage and muted revenue growth.Meanwhile major asset managers like Wells Fargo Asset Management and Legal & General Investment Management say they now prefer a neutral stance, allowing them to easily maneuver depending on whether the U.S. strikes a trade deal with China or global growth falters.One thing the money managers all agree on: Despite seeing a need for caution, they’re not yet ready to call the end of this bull market.“It still may be too early to call the peak,” said Nick Alonso, director of the multi-asset group at PanAgora Asset Management. “I believe that, especially in uncertain times like these, focusing on portfolio construction as a means of achieving diversification through proper risk balancing can be a very powerful tool.”\--With assistance from Justina Lee.To contact the reporter on this story: Ksenia Galouchko in London at kgalouchko1@bloomberg.netTo contact the editors responsible for this story: Blaise Robinson at brobinson58@bloomberg.net, Samuel Potter, Jeremy HerronFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Markit3 days ago

    See what the IHS Markit Score report has to say about Wells Fargo & Co.

    Wells Fargo & Co NYSE:WFCView full report here! Summary * Perception of the company's creditworthiness is neutral * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for WFC with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting WFC. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold WFC had net inflows of $5.96 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. WFC credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Wells Fargo (WFC) to Divest Majority Interest in Eastdil
    Zacks4 days ago

    Wells Fargo (WFC) to Divest Majority Interest in Eastdil

    Wells Fargo (WFC) plans to close divesture of majority ownership in Eastdil Secured in fourth-quarter 2019.

  • Have Insiders Been Selling Wells Fargo & Company (NYSE:WFC) Shares?
    Simply Wall St.4 days ago

    Have Insiders Been Selling Wells Fargo & Company (NYSE:WFC) Shares?

    It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be...

  • Hercules Capital (HTGC) Prices Public Offering of 5M Shares
    Zacks4 days ago

    Hercules Capital (HTGC) Prices Public Offering of 5M Shares

    Hercules Capital (HTGC) prices a public offering of 5 million shares of its common stock for $12.64 per share.

  • Wells Fargo's commercial bank has shifted: Here's what it means for Charlotte
    American City Business Journals4 days ago

    Wells Fargo's commercial bank has shifted: Here's what it means for Charlotte

    Wells Fargo said these changes were intended to create more efficient operations with less risk involved.

  • Wells Fargo (WFC) Outpaces Stock Market Gains: What You Should Know
    Zacks5 days ago

    Wells Fargo (WFC) Outpaces Stock Market Gains: What You Should Know

    In the latest trading session, Wells Fargo (WFC) closed at $45.18, marking a +0.6% move from the previous day.

  • These banks have given the most SBA loans in Houston so far in FY 2019
    American City Business Journals5 days ago

    These banks have given the most SBA loans in Houston so far in FY 2019

    This year's top lenders have shifted around compared to last year's as the fiscal year enters the fourth quarter.

  • Bloomberg5 days ago

    New York Mall's $300 Million Muni Bonds Cut to Junk by Moody's

    Destiny USA, owned by Pyramid Cos., issued bonds backed by payments in lieu of taxes by the developer in 2007 to expand its Carousel Center mall into a super-regional shopping and entertainment complex. A 19-screen move theater, go-kart raceway and a comedy club haven’t been enough to stem the pressure from online shopping and the sluggish upstate New York economy.

  • Wells Fargo Names Debra Chrapaty as Chief Technology Officer
    Business Wire5 days ago

    Wells Fargo Names Debra Chrapaty as Chief Technology Officer

    Today, Wells Fargo & Company named Debra Chrapaty as chief technology officer, making permanent a role she held on an interim basis since May. She will continue reporting directly to Saul Van Beurden, head of Technology at Wells Fargo.

  • Think 3% is small potatoes? It can eat your life savings
    MarketWatch5 days ago

    Think 3% is small potatoes? It can eat your life savings

    Unfortunately for investors, a 3% haircut in advisory fees and fund expenses—a level that’s all too common—makes a huge difference in how fast your wealth grows. If you add up all of the fees in your portfolio, it may reveal a “silent killer” that can devastate your account balances over your working career or a lengthy retirement. For example, let’s say your financial adviser or 401(k) plan provider charges an annual fee of 1% of assets under management.

  • The battle of US banking giants could be won in Charlotte
    Yahoo Finance6 days ago

    The battle of US banking giants could be won in Charlotte

    Charlotte, North Carolina is the focal point of a brewing war between the big banks, as BB&T and SunTrust merge and giants Chase and U.S. Bank move in.

  • Business Wire6 days ago

    Wells Fargo to Commemorate International Day of Family Remittances by Offering Zero Fee Remittances

    Wells Fargo & Company (WFC) announced today that it will waive all transfer fees for ExpressSend remittances from June 14 through June 17 in celebration of International Day of Family Remittances (June 16). The United Nations General Assembly adopted a resolution in 2018 endorsing the day to highlight the financial contributions migrant workers make to help their families back home, including funds for essential daily needs and the education of their children and support for economic development in their country of origin. According to the World Bank1, remittances to low- and middle-income countries reached a record high in 2018 of $529 billion, an increase of 9.6 percent from 2017.

  • From Army officer to pro golfer to banker: Meet Wells Fargo’s new Denver-based commercial banking leader
    American City Business Journals6 days ago

    From Army officer to pro golfer to banker: Meet Wells Fargo’s new Denver-based commercial banking leader

    Before launching his career in banking, Ralph Hamm served as an Army officer and traveled throughout the country as a professional golfer. “It's okay to fail and you can learn a lot from that,” Hamm said on what he learned from his professional golf career. “Adversity is a good thing.” Hamm was recently appointed the new commercial banking division executive for the mountain division for San Francisco-based banking giant Wells Fargo (NYSE: WFC), amid the restructuring of some of its business segments announced last week.  He was the division manager in the former middle market banking group in Portland, Oregon before taking on his new role.

  • PR Newswire6 days ago

    EnerCom Posts Schedule of Presenters for The Oil & Gas Conference® Aug. 11-14, 2019

    60 Oil & Gas industry leaders are slated for the first two days of EnerCom's 24 th Denver conference DENVER , June 12, 2019 /PRNewswire/ --  EnerCom has released the presentation schedule for the oil and ...

  • Barrons.com7 days ago

    Wells Fargo’s CEO Search Is Another Knock Against Its Board

    Wells Fargo still hasn’t found a permanent CEO since former Chief Executive Tim Sloan left the bank in March. Its board’s pledge to find an outsider to run the bank is proving difficult.

  • Barrons.com7 days ago

    Wells Fargo’s CEO Recruiting Problem

    THINGS TO KNOW Financial advisors at (WFC) might have hoped the bank would quickly find a replacement for former CEO Tim Sloan, who resigned in late March. A new chief might be able to further steer the company away from a recent history of scandals that have battered its reputation and led to regulatory consequences.

  • 9 Stocks That Every 20-Year-Old Should Buy
    InvestorPlace7 days ago

    9 Stocks That Every 20-Year-Old Should Buy

    [Editor's note: This story was previously published in April 2019. It has since been updated and republished.]Investing in your 20s is not only smart, it's exciting. The best part about creating a long-term portfolio, whether while going back to school or taking time off, is having the time to invest in undervalued companies.When looking at stocks to buy in your 20s, it's all about opportunity cost, which is spent in spades throughout your late-teens and as an aimless 20-something. Long-term investors have the benefit of time, allowing them to ride out turbulence others can't.InvestorPlace - Stock Market News, Stock Advice & Trading TipsYour 20s are a time of future gazing, and as an investor, you should choose adaptable companies capitalizing on current trends. Just remember, no matter how solid the investment, it will go through periods of ups and downs.Centering your portfolio around risky stocks, however, isn't a brick-by-brick blueprint toward retirement wealth -- you should also consider faithful, dividend-paying stocks. Just like knowledge, wealth grows slowly and steadily. * 7 Dark Horse Stocks Winning the Race in 2019 While analysts claim there are some stocks you can hold "forever," it's important to keep up with what's in your portfolio and make changes according to how each company develops.If you're a 20-something looking to capitalize on long-term growth and dividends, then the following 10 stocks to buy are worth a look. TripAdvisor (TRIP)Shares of travel review site TripAdvisor (NASDAQ:TRIP) took a beating in 2017 and 2018 mostly on investor concerns about new entrants like Airbnb and new search tools from powerhouses like Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) disrupting the space.Source: JD Lasica/Cruiseable.com via FlickrHowever, TRIP stock has since made a significant comeback.Part of this comeback is the fact that TripAdvisor has something no other site in the online travel industry does: extensive data. Knowledge is power and TRIP definitely has that going for itself. The company is home to one of the largest online collections of traveler reviews, boasting over 500 million reviews encompassing seven million hospitality businesses.What's that mean exactly? For starters, access to mounds of data means TripAdvisor can better optimize the experience it offers its 415 million monthly users. That means pricing optimization, special offers tailored individually and stronger insights than competitors into their customers' needs.And that's only just scratched the surface of what it can do with such a robust database. Global tourism generated $7.6 trillion in 2014, and so long as it continues to grow, TRIP will continue beefing up its user database.For comparison's sake, Expedia (NASDAQ:EXPE) only brings in 84.5 million monthly users, while Priceline (NASDAQ:PCLN) has a fraction at 16 million.Having access to such robust data informs TripAdvisor's strategy, as the company recently reined in its InstantBooking feature in favor of giving users the superior experience of price comparisons that direct bookings to partner sites.According to Forbes, 70% of millennials say they're working just to pay for vacations and travel. Gen Z is becoming increasingly obsessed with travel from a social perspective. They want to go places and share their experience with others. TripAdvisor not only operates in the travel space, but its primary function is helping people find experiences others have enjoyed.Further, TRIP is expanding the functionality of its mobile site and app, both of which should help the firm gain traction with millennials. With the firm about to turn a corner, now would be a great time to add the stock to your long-term portfolio. Chevron (CVX)While your 20s are definitely a time to make risky bets on growth stocks, it's important to round out your portfolio with stocks to build wealth slowly and steadily. That's why dividend stocks are attractive, particularly if they're consistent and sustainable. To that end, we have Chevron (NYSE:CVX), which is a dividend aristocrat.Source: swong95765 via Flickr (Modified)That doesn't mean it's walking around in fancy robes with its nose up, it means Chevron has increased its dividend annually without interruption for the past 25 years.Dividend aristocrats typically do whatever they can to maintain their status and that's certainly true in Chevron's case.Chevron currently yields just shy of 4%, which management continued to pay out even when crude prices were scraping the bottom of the barrel. With the firm on the rebound, investors will benefit from Chevron's cost-cutting measures and increased efficiency. * 7 Stocks to Buy As They Hit 52-Week Lows Meanwhile, management is focused on improving profitability, even during the down cycle, which should be a boon for CVX stock as crude prices increase.Another thing to like about CVX is that it has a relatively small debt load with a quarterly debt-equity ratio of just 24%. Compare that to BP (NYSE:BP), for example, which has a debt ratio of 63%, and you can see that CVX is on the low end of debt accumulation in the oil sector.Chevron is a tightly run ship, giving the firm the ability to thrive in difficult times. That's good for long-term investors who might see oil cycle through another down period in the years to come.Looking toward future growth, CVX is expecting to see its production rise to nearly three million barrels per day over the next 10 years. That figure takes into account Chevron's anticipated shale and capital projects as well as the firm's cost-cutting measures, which significantly reduced the firm's exploration potential.The firm's $200 billion market cap makes it one of the largest companies in the U.S. and a solid pick in the oil and gas sector. CVX offers stability and income growth, both of which will be useful to investors in their 20s. Facebook (FB)Investing in Facebook (NASDAQ:FB) now doesn't sound like an entirely new idea, but Zuckerberg & Co.'s days as merely a social media site are ending. I'm expecting to see the firm morph into an even larger tech powerhouse in the decades to come.Source: Shutterstock \ Facebook has size and scale on its side, which is a huge advantage in the tech space. The company owns the two most popular messaging services in the world, Messenger and WhatsApp, and has yet to do anything about monetizing them.Simply allowing businesses to communicate directly with customers through these platforms would be a big moneymaker for FB advertising wise, but most expect that Facebook has bigger plans to harness the potential Messenger and WhatsApp hold.FB has also developed payment platforms, which would allow businesses to charge for services they offer via Facebook.Not only would that make Facebook's advertising business all the more profitable, because advertisements could more easily be converted into sales, but it would open up a new revenue stream for FB if the firm collects a fee for processing. Baidu (BIDU)Remember what I said about having time to absorb the ups and downs? Well, Baidu (NASDAQ:BIDU) is one of those stocks that you may have to absorb some downs with. The Chinese tech company has been compared to Google because the firm's search engine dominance resembles Google's early days.Source: Shutterstock There is a huge amount of growth potential ahead for Chinese tech firms, especially a search engine like BIDU. Just over half of China's population has access to the internet, so the market is relatively new when you compare it to that of the U.S. Since the trade war can't last forever if time is your ally you have to at least consider BIDU stock. * 7 S&P 500 Dividend Stocks to Buy at Least Yielding 3% Not only that, but Baidu has been working to expand its autonomous driving technology in the race to create self-driving cars. The firm has already made its driverless car technology available for automakers to use and test in a bid to become somewhat of an autonomous car "operating system."It's also likely that Chinese companies will get their cars on the road sooner because fewer people own cars in China. That makes for a higher adoption rate, as 75% of Chinese respondents indicated they would ride in a self-driving taxi, while only 52% of Americans would.What's more, China has a bigger auto industry and its government is hungry for large-scale projects. And while it seems counterintuitive considering China's complex system of roads, the real advantage is with navigation.The difficult conditions necessary to debut an autonomous vehicle in China means it will have a far easier time "porting" the system to the United States than the other way around. That means, for Baidu, international expansion will likely be much faster and less costly. Starbucks (SBUX)Starbucks (NASDAQ:SBUX) is one of my favorite long-term buys because the company has proven itself to be an adaptable staple in markets all over the world. The company has weathered shifting consumer preferences toward independent, non-chain restaurants by incorporating local goods in their restaurants and revamping store appearances to reflect local cities.Source: Javier Gonzalez Via FlickrSBUX has also capitalized on the craft beer trend by creating its own Reserve Roastery where coffee lovers can sample different types of coffee and learn about the process. But all of that pales in comparison to SBUX's dominance in mobile.The Starbucks app is a textbook lesson in how to use mobile to enhance your business. Customers are able to upload money to the app and order and pay for their coffee in advance to avoid waiting in line; 30% of the firm's transactions take place on the app, a figure likely to grow even more as SBUX continues to invest in its mobile technology.Starbucks maintained an image millennials are comfortable with as the rest of the fast food industry struggled and the firm's focus on mobile has made it convenient to frequent. Netflix (NFLX)Cutting the cable cord is gaining popularity in large part due to the growing popularity of streaming services like Netflix (NASDAQ:NFLX). The firm has already seen exponential growth over the past 10 years, causing some to wonder whether we're at the beginning of the end of NFLX stock's dominance.Source: Shutterstock However, with a market cap under $1 billion, NFLX still has room to grow. If NFLX gains roughly 10% per year for the next 15, the firm would have a market cap of less than $150 billion, which isn't unreasonable when you consider Netflix still has a lot of room to run in foreign markets. * 10 Stocks to Buy That Could Be Takeover Targets Netflix is only just beginning to ramp up in countries around the world and the firm hasn't been able to turn out the kind of profit investors are looking for because it has to pay for content licensing and new content creation.With that in mind, streaming is still a relatively new concept and as it becomes more common, NFLX will be establishing itself as a market leader around the globe. Waste Management (WM)While admittedly not as shiny and new as stocks like NFLX, Waste Management (NYSE:WM) is a great stock to buy and hang on to because it operates in an industry almost certain to keep growing.Source: Jeffrey Beall via Flickr (Modified)Waste Management owns and operates landfills and collection trucks and negotiates contracts with local governments to collect and dispose of rubbish in the area. What's good about WM is the company's ownership of local refuse sites means the company doesn't suffer from a lot of customer turn-over.Not only that, we appear to be a long way off from changing the way we dispose of and recycle our garbage. Consumers are going to keep on consuming and producing waste companies like WM will deal with.Unlike tech firms, WM is unlikely to suffer from a major industry disruptor anytime soon, so it makes for a good stock to hold on to. Not to mention that WM offers a 1.8% dividend yield, so keeping it in the long-term is a great way to build wealth. General Motors (GM)U.S. automaker General Motors (NYSE:GM) is another good bet for a long-term investor because the company has a stake in all of the industry-changing trends on the horizon. GM bought up 9% of Lyft last year in an effort to get in on ride-sharing, a trend threatening to change the way people buy and use their cars.Source: Shutterstock GM has also been a major player in the electric vehicle space, specifically designing mass-appeal cars like its Chevy Bolt. The car is eligible for a tax credit that brings its price down to the $30,000 level, making it accessible to a wider audience than most electric cars cater to. * 6 Big Dividend Stocks to Buy as Yields Plunge GM has also been working to develop driverless cars, and the firm's acquisition of Cruise Automation last year is proof it is a top priority.GM has plans to create an autonomous electric car, a testament to management's belief that electric cars are the future of the auto industry. According to now-President Mark Reuss, creating a gas-powered autonomous vehicle is a wasted step. He believes that electric cars will soon dominate the roads, so autonomous driving software should be designed with that in mind.Reuss said that GM may be slower to develop autonomous driving software, but that's only because the firm is hoping to create technology that is designed for use in electric vehicles. International Business Machines (IBM)When you're in your 20s and looking for hot tech stocks to buy, International Business Machines Corp. (NYSE:IBM) doesn't exactly spring to mind, but the firm's tumultuous few years as a washed-up hardware firm have made IBM stock a bargain.Source: Shutterstock IBM is doing some big things in the machine learning space and its Watson supercomputer has the potential to disrupt a wide variety of industries, from cybersecurity to health analytics. While IBM has yet to break out figures for Watson, its potential to slash healthcare costs and improve personalized medicine makes IBM a potential powerhouse.Watson may eventually be able to use massive databases of patient information to make connections between symptoms and diseases that medical professionals would have overlooked. This could revolutionize the way healthcare professionals diagnose, as well as save the healthcare industry loads of money by correctly identifying treatable conditions early on.But Watson isn't the only reason to scoop up IBM stock. The company has been successful so far in orchestrating its turnaround, and the company appears to be returning to growth as well as to have rounded a corner away from hardware and on to cloud computing and analytics.Those two segments make up more than half of IBM's revenue at this point, a good sign that the firm is on track to shift away from its legacy hardware business. The fact that its quickly growing strategic imperatives arm is becoming a much more substantial part of the firm's business is a good sign for future growth.Not only will shareholders reap the rewards of an IBM turnaround over the next decade, but the firm also pays out a 5.2% dividend yield, a sweet reward for riding out the turbulence. IBM generates an impressive amount of free cash flow and its 47% payout ratio means that dividend is stable and likely to increase in the years to come.At the time of this writing, Laura Hoy was long SBUX, FB and NFLX stock. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Monthly Dividend Stocks to Buy to Pay the Bills * 7 Heavily Discounted Stocks to Buy Today * My 7 Worst Stock Picks of 2018 Compare Brokers The post 9 Stocks That Every 20-Year-Old Should Buy appeared first on InvestorPlace.