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Home > Industry Focus > Financials: 1 Bank Stock to Watch in 2021
Podcast: Industry Focus
Episode:

Financials: 1 Bank Stock to Watch in 2021

Category: Business
Duration: 00:27:37
Publish Date: 2021-01-04 22:59:37
Description:

Wells Fargo (NYSE: WFC) has underperformed the financial sector for years, and for good reasons. From its numerous scandals to the asset-cap penalty that prevents the bank from growing, Wells Fargo was hurting before the pandemic. And as the only big bank without a large investment banking operation to help offset the negative effects of the COVID-19 pandemic, Wells Fargo got hit harder than most in 2020. But on this week's installment of Industry Focus: Financials, Fool.com contributor Matt Frankel, CFP, tells host Jason Moser why he thinks this could be a great value investment as we head into the New Year.

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