Wells Fargo: Out of the Penalty Box?

From Stocks To Watch Today
January 10, 2017 - 2:26pm

Bank stocks have rallied since Donald Trump's election victory--even Wells Fargo (WFC), which had been hit hard by its cross selling scandal. It's not hard to see why: Higher rates and better economic growth should be good news for ones that have been in the penalty box. And yes, Wells Fargo is still in the penalty box, say Instinet's Bill Carcache and Yuman Lui, but that shouldn't stop the bank from outperforming. They explain why:

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