Wells Fargo Q4 Earnings Reinforce The Bullish Outlook

Justin Sullivan Wells Fargo & Company (NYSE:WFC) has been a long-running turnaround story. Since running into trouble thanks to its fake accounts scandals in the late 2010s, the bank has underperformed most of its large rivals. It has dealt with high legal and compliance costs, regulatory limits to growth, and a tarnished reputation with consumers. My view, however, is that Wells Fargo can be fixed and that CEO Charlie Scharf is the right person to do it. While WFC stock has had an uneven run in recent y ...