In this video, Motley Fool financial analysts Matt Koppenheffer and David Hanson discuss a presentation by Wells Fargo CFO Tim Sloan at the Citi U.S. Financial Services Conference, where he said, "At Wells Fargo, everything we do starts with our vision: to satisfy all our customers' financial needs and to help them succeed financially." Matt tells us how this philosophy is pervasive throughout the bank, and why it gives the company a major competitive advantage.
Wells Fargo's dedication to solid, conservative banking helped it vastly outperform its peers during the financial meltdown. Today, Wells is the same great bank as ever, but with its stock trading at a premium to the rest of the industry, is there still room to buy, or is it time to cash in your gains? To help figure out whether Wells Fargo is a buy today, I invite you to download our premium research report from one of The Motley Fool's top banking analysts. Click here now for instant access to this in-depth take on Wells Fargo.
The article 1 Critical Thing Wells Fargo Reminded Us of This Morning originally appeared on Fool.com.
David Hanson has no position in any stocks mentioned. Matt Koppenheffer owns shares of Berkshire Hathaway and Bank of America. The Motley Fool recommends Berkshire Hathaway and Wells Fargo. The Motley Fool owns shares of Bank of America, Berkshire Hathaway, and Wells Fargo. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.