Image source: The Motley Fool.
Last year was an unusually eventful one for banks. Between Brexit, plunging energy prices, the presidential election, and the Federal Reserve's decision to raise interest rates in December, bank stocks were all over the board.
Shares of Wells Fargo (NYSE: WFC) weren't immune from the turmoil. As you can see in the annotated chart below, the California-based bank's stock fluctuated widely in 2016. Fortunately, after starting the year on a down note, Wells Fargo's stock eked out a 4% gain when all was said and done.
10 stocks we like better than Wells Fargo When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*
David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Wells Fargo wasn't one of them! That's right -- they think these 10 stocks are even better buys.
Click here to learn about these picks!
*Stock Advisor returns as of January 4, 2017