08 August 2016 at 7:02 GMT
Serge Berger of thesteadytrader.com explains why he is buying Wells Fargo shares.
Berger says that the US jobs report released last week was better than expected and that financial stocks are starting to look better.
Berger is looking to buy Wells Fargo shares at $48.50 with a target of $51.00. He has a stop loss at $47.80.