Wells Fargo CEO to Face Tough Questions on Capitol Hill but Investors Still Like the Stock

Investors don't seem fazed by Wells Fargo's (WFC) - Get Report  fake bank account scandal and looming Capitol Hill testimony by CEO John Stumpf on Tuesday. Jasper Lawler, a market analyst with CMC Markets, based in London, said the stock has been trading in a range of roughly $45-$51 for months and the moves lower may give investors an opportunity to scoop up shares at a discount. He expects Stumpf to face more pressure to step down as CEO if the $125 million parachute given to the executive who oversaw the scandalous division isn't clawed back. TheStreet's Scott Gamm reports from Wall Street.