Wells Fargo & Company (NYSE:WFC) saw a spike in stock value post-Fed rate cut, along with Capital One, as banks are now valued on lending potential rather than net interest income. Analyst Jim Cramer recommends owning Wells Fargo and Capital One due to increased demand for loans. Asset cap removal boosts Wells Fargo’s appeal.

Wells Fargo (WFC) offers financial services like banking, lending, and wealth management solutions. Despite investment potential, AI stocks are seen as offering greater upside and lower risk. For those seeking undervalued AI stocks benefiting from tariffs and onshoring trends, a free report on the best short-term AI stock is available.

For more investment insights, check out 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. Source: Insider Monkey.

Read more at Yahoo Finance: Jim Cramer Says He Likes “Wells Fargo Now That Its Asset Cap Has Been Lifted”