How to Approach Wells Fargo Stocks as It Gains 14.2% in 6 Months?

Wells Fargo (WFC) shares have risen 14.2% in the past six months, outperforming the industry. The company has several positive drivers, including the recent removal of an asset cap by the Federal Reserve, which allows for balance-sheet expansion and growth in its fee-based businesses. Despite a strong rally, the article suggests that existing investors should hold WFC due to ongoing operational improvements, strategic simplification efforts, favorable NII outlook due to expected Fed rate cuts, and robust capital distribution plans, while new investors might want to await a better entry point.