Where Will Wells Fargo Be in 1 Year?

Bram Berkowitz, The Motley Fool
·4-min read
Where Will Wells Fargo Be in 1 Year?
Where Will Wells Fargo Be in 1 Year?

It has been an eventful year for Wells Fargo (NYSE: WFC), to say the least. Longtime Wells Fargo investor Warren Buffett and his company Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) have also significantly cut their position in the bank, and many believe the love affair between Buffett and Wells Fargo may soon be finished for good. Meanwhile, regulatory issues have not faded, and the bank's stock is now only trading at around 65% of tangible book value.