Wells Fargo Adds Levi Strauss & Co. (LEVI) to its Top Picks List – Here’s Why

Levi Strauss & Co. (NYSE:LEVI) is one of the best strong buy stocks to invest in under $20. On March 23, Wells Fargo added Levi Strauss & Co. (NYSE:LEVI) to its Top Picks list, while raising numbers and reaffirming an Overweight rating on the shares. The firm told investors that although the stock has underperformed of late, it expects this highly debated name to shift sentiment from here, with margin concerns shifting to margin visibility in the second half of the year and into 2027.

In a separate development, Levi Strauss & Co. (NYSE:LEVI) announced on March 3 the successful final closing, on February 27, 2026, of its previously disclosed sale of the Dockers® brand to Authentic Brands Group. Management stated that the completion of the transaction sharpens LS&Co.’s focus on the Levi’s® brand and Beyond Yoga®, bolstering the company’s structural profitability and simplifying the portfolio. It also stated that the divestiture aligns the  Levi Strauss & Co.’s (NYSE:LEVI) assets with its highest-return growth opportunities while reinforcing its disciplined capital allocation approach.

Headquartered in San Francisco, Levi Strauss & Co. (NYSE:LEVI) sells apparel and accessories for men, women, and children across its portfolio of brands, including Levi’s, Dockers, Denizen, Signature by Levi Strauss & Co., and Beyond Yoga. It also sells its products through third-party retailers and directly to consumers through various channels.

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