Workflow
Jim Cramer on Wells Fargo: “Bank at 13 and a Half Times Earnings is Very Cheap”

Wells Fargo & Company (NYSE:WFC) is one of the stocks Jim Cramer recently answered questions about. A caller expressed intrigue about the stock given that the Federal Reserve lifted the asset cap on the firm. In response, Cramer commented: “Okay, so I gotta give you the, because I play with an open hand, Wells Fargo’s one of the largest positions for my trust. When it went up, it spiked. Both Jeff Marks and I said, you know what, we’ve got to trim a little. So we trimmed a very small amount. There’s some ...