Why Isn't Wells Fargo In the Dow?
The following video is part of our "Motley Fool Conversations" series, in which senior analyst Anand Chokkavelu, CFA, discusses topics across the investing world.
Perhaps surprisingly, Wells Fargo is the largest American bank by market capitalization. Anand discusses whether it belongs in the Dow.
Wells Fargo, whether it's a Dow stock or not, is a large, well-run bank that should be admired. If you're looking for Wells Fargo-like banks that are smaller than the "too big to fail" banks, I detail one in this free report: "The Stocks Only the Smartest Investors Are Buying." I believe it's a bank Buffett would be interested in if he could still invest in small banks. To find out its name, just click here.
At the time this article was published Anand Chokkavelu, CFA, owns shares of Bank of America, JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, and Citigroup. The Motley Fool owns shares of Bank of America, Citigroup, JPMorgan Chase, and Wells Fargo. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.
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