Jim Cramer Recently Discussed These 17 Stocks And Chinese Hackers

6. Wells Fargo & Company (NYSE:WFC)

Number of Hedge Fund Holders In Q3 2024: 72

Wells Fargo & Company (NYSE:WFC) is one of the largest banks in the US in terms of domestic exposures. Like other mega-bank stocks, its shares have performed well over the past six months. They have gained 30% over this time period, with two notable drops coming in November and January when the shares soared by 13% and 6.7%. The former was due to President-elect Trump’s election win while the latter came after Wells Fargo & Company (NYSE:WFC)’s Q4 saw investment banking income jump by 59% and guided net interest income growth ranging between 1% to 3% for 2025. Here is what Cramer said:

“Look I love Charlie Scharf [WFC CEO] and he’s terrific. But, when it, Charlie’s got a great national bank. But when it comes to capital markets, there was none better. It was really great. I mean I would like call him and congratulate. I mean I don’t like to congratulate, but I’d congratulate Charlie and I’d congratulate David because I think that they are, they are really two of some of the greatest successes. I mean look at the price-to-earnings multiples of these Sarah. They’re incredibly cheap. These are like thirteen, fourteen times earnings and they’re just crushing it!”