Could This Make Wells Fargo Stock Outperform in 2021?
Wells Fargo (NYSE: WFC) has underperformed its big bank peers for several years. The infamous fake accounts scandal led to the uncovering of several other major problems with the bank's corporate culture, and the bank's almost exclusive reliance on consumer banking caused its underperformance to continue during the COVID-19 pandemic.
However, there's reason to believe that the worst could be over, and that Wells Fargo could actually rebound nicely in the post-pandemic world. In this Jan. 4 Fool Live video clip, Fool.com contributor Matt Frankel, CFP, and Industry Focus host Jason Moser discuss one of several potential catalysts that could cause Wells Fargo to soar in 2021 and beyond.
Source Fool.com
