Ask a Fool: Is Wells Fargo a Buy or a Dog?

By David Hanson – Jun 8, 2013 at 2:45PM

NYSE: WFC

Wells Fargo

Market Cap

$213B

Today's Change

(0.56%) $0.34

Current Price

$61.22

Price as of May 9, 2024, 2:57 p.m. ET

Motley Fool banking analyst David Hanson fields a reader's question.

In the following video, Motley Fool banking analyst David Hanson takes a question from a Fool reader, who asks:

"I'm thinking about dropping some serious dollars on Wells Fargo (WFC 0.56%), but the banking sector is a dog and I have my concerns. Is this a good buy, or are there better ones out there?"

David Hanson has no position in any stocks mentioned. You can follow David on Twitter. The Motley Fool recommends Wells Fargo and owns shares of Bank of America, Citigroup, and Wells Fargo. We Fools don't 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.