Jim Cramer on Wells Fargo: “When You Drill Down, the Business Is Doing Pretty Well”
Wells Fargo & Company (NYSE:WFC) is one of the stocks Jim Cramer shared his thoughts on. Cramer discussed the company’s recent earnings during the episode. He stated: “What about today’s reports from the other three bigs? Okay, Wells Fargo, which we own for the Charitable Trust, reported a top and bottom-line miss. While sales were up 4.5% year-over-year, and earnings grew by 13%, they still came in light, as did net interest income. It was disappointing. That said, a big chunk of that earnings shortfall ...