Positive.

Jim Cramer discussed Wells Fargo & Company (NYSE:WFC) as one of the 16 stocks in his trading strategy for H2 2025. Wells Fargo is one of the biggest banks in America, with shares up 16% year-to-date and 12% since late June. The Federal Reserve removed a $1.95 trillion asset cap on the bank in June, imposed in 2018 due to internal process deficits. Cramer mentioned Wells Fargo trading at 14 times earnings and CEO Charlie Scharf’s plans to expand the bank’s businesses. Cramer sees Wells Fargo as a strong buy after the long compliance purgatory.

Cramer highlighted Wells Fargo’s trade at 14 times earnings, emphasizing the bank’s potential to save money with the removal of compliance monitoring restrictions. He believes the new Wells Fargo deserves to be released from regulatory constraints, expressing hope for continued deregulation for the benefit of the banking industry. Cramer views the removal of the asset cap as a positive step forward, signaling potential growth opportunities for Wells Fargo in the future.

Read more at Yahoo Finance: Wells Fargo & Company (WFC) Trades At 14 Times Earnings, Says Jim Cramer