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Practical Advice from

Wells Fargo: Should You Buy WFC Stock? 3 Pros, 3 Cons



Last year brought amazing results for the U.S. banking industry. Throughout the sector, shares rallied as strongly as they had since the financial crisis. From Trump’s victory night on, large banks surged 20% to 30% across the board. And since January 1st, 2016, the Financial Select Sector SPDR Fund (XLF) has returned a laudable 27%, including dividends. However, one big U.S. bank missed the party. Shares of Wells Fargo & Co. (WFC) have hardly rallied at all. While the financial sector posted a 27% gain, WFC stock advanced a much more paltry 9%.

What went wrong? Scandal hit. Wells Fargo stock, previously known for its conservative approach and good reputation, got caught up in a major misdoing.


Former CEO John Stumpf left the bank. And Wells Fargo faced a major fine and hit to its reputation. Is it time to forgive the firm and buy into WFC stock? We stack up the pros and cons

Prices and data are from the original InvestorPlace story published on April 4, 2017. Click on ticker-symbol links in each slide for current prices and more.

SEE ALSO FROM KIPLINGER: Why Warren Buffett Loves Fed Rate Hikes

This slide show is from InvestorPlace, not the Kiplinger editorial staff.


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