Is Wells Fargo's Stock Still Worth Owning?

By Chuck Saletta – Jul 22, 2013 at 3:26PM

NYSE: WFC

Wells Fargo

Market Cap

$202B

Today's Change

(-1.50%) -$0.85

Current Price

$56.12

Price as of April 16, 2024, 12:56 p.m. ET

Like every investment, it needs to be reviewed from time to time.

Wells Fargo (WFC -1.50%) is a selection for the real-money Inflation-Protected Income Growth portfolio. Like any investment, it needs to be reviewed from time to time to see if it's still worth owning. In the brief video below, portfolio manager Chuck Saletta reviews its valuation, balance sheet, and dividends, and decides whether to hold on to the stock or let it go.

To follow the iPIG portfolio as buy and sell decisions are made, watch Chuck's article feed by clicking here. To join The Motley Fool's free discussion board dedicated to the iPIG portfolio, simply click here.

Chuck Saletta owns shares of Wells Fargo and has an options position in Bank of America. The Motley Fool recommends Bank of America and Wells Fargo. The Motley Fool owns shares of Bank of America, Citigroup, JPMorgan Chase & Co., and Wells Fargo. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.