2. As of noon trading, Wells Fargo ( WFC) is down $0.24 (-0.7%) to $32.92 on light volume Thus far, 4.3 million shares of Wells Fargo exchanged hands as compared to its average daily volume of 26.1 million shares. The stock has ranged in price between $32.91-$33.22 after having opened the day at $33.11 as compared to the previous trading day's close of $33.16.

Wells Fargo & Company provides retail, commercial, and corporate banking services. The company operates in three segments: Community Banking; Wholesale Banking; and Wealth, Brokerage, and Retirement. Wells Fargo has a market cap of $172.7 billion and is part of the financial sector. The company has a P/E ratio of 10.3, below the S&P 500 P/E ratio of 17.7. Shares are up 19.0% year to date as of the close of trading on Thursday. Currently there are 19 analysts that rate Wells Fargo a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Wells Fargo as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Wells Fargo Ratings Report now.

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