Why This Banking Stock Might Be Nearing the Bottom of Its Cycle
WFCWells Fargo(WFC) MarketBeat·2024-07-13 19:01

The second quarter of the 2024 earnings season has just kicked off, and the financial sector is again under the spotlight. Bank stocks are leading the pack in letting markets know how the economy is doing so far into the year's second half. However, not all bank stocks are made equal. There are typically two extremes and a middle ground regarding exposure to the business cycle.Wells Fargo & Company TodayWFCWells Fargo & Company$56.54 -3.62 (-6.02%) 52-Week Range$38.38▼$62.55Dividend Yield2.48%P/E Ratio11.80 ...