NasdaqGS:WAFDBanks
WaFd (WAFD): Evaluating the Stock’s Value After Powell’s Rate Comments and a Standout Earnings Report
If you’ve been keeping an eye on WaFd (WAFD), the recent surge in its stock price might have given you a reason to pause and wonder what’s behind the rally. Two main factors have investors buzzing: first, Federal Reserve Chair Jerome Powell’s unexpectedly dovish remarks at the Jackson Hole symposium, which hinted at the possibility of lower interest rates ahead. Second, WaFd has just turned in a quarterly earnings report that checked many boxes by beating expectations on revenue, earnings per...