Jim Cramer Discusses Wells Fargo (WFC)

We recently published Jim Cramer Warned About Market Manipulation & Discussed These 22 Stocks. Wells Fargo & Company (NYSE:WFC) is one of the stocks discussed by Jim Cramer.

Banking giant Wells Fargo & Company (NYSE:WFC)’s shares are up by 3.7% over the past year and are down by 18.6% year-to-date. JPMorgan discussed the firm on April 30th as it reiterated a Hold rating and lowered the share price target to $86.5 from $91. Phillip Securities raised the rating to Buy from Accumulate and set a $98 share price target. Cramer has discussed Wells Fargo & Company (NYSE:WFC) several times over the past couple of months. Among the factors that he has praised the firm for include lifting of restrictions by the Federal Reserve and its CEO, Charlie Scharf. In this appearance, he discussed Wells Fargo & Company (NYSE:WFC)’s recent performance and stated that other banks were doing better:

“I’ve called out Charlie, in my conference call, I said, listen, he has one more quarter and then he’s out. No! Out of my portfolio. I think Charlie’s great, I just think there are other banks that are doing better.”

Jim Cramer Discusses Wells Fargo (WFC)

Pixabay/Public Domain

Mairs & Power Balanced Fund discussed Wells Fargo & Company (NYSE:WFC) in its third quarter 2025 investor letter:

“JPMorgan & Chase (JPM) and Wells Fargo & Company (NYSE:WFC) outperformed due to an improving outlook for credit conditions as well as a trend toward deregulation which should benefit the largest banks. Wells Fargo further benefited as several consent decrees, which outline specific reforms and improvements, were lifted by various regulators. With these restrictions aside, the company is now in a much better position for future growth.”

While we acknowledge the risk and potential of WFC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than WFC and that has 10,000% upside potential, check out our report about the cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

Disclosure: None. Follow Insider Monkey on Google News.

1281292 - 11759070 - 1