The Motley Fool: Wall Street Is Wrong About Wells Fargo. Here's Why It's a Good Buy Now

Wells Fargo (NYSE: WFC  ) is one of the four true megabanks of the United States, but it has generally steered clear of the proprietary trading, elaborate derivative books, and foreign operations of larger peers like JPMorgan Chase (NYSE: JPM  ) , Bank of America, and Citigroup. That leaves the bank considerably more dependent on consumer and business demand for loans and other services. While there are industrywide headwinds, the better loan growth and improving credit picture at Wells Fargo is encouraging.

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Wall Street Is Wrong About Wells Fargo. Here's Why It's a Good Buy Now