CNBC Investing Club

Potential recession doesn't shake our conviction in Morgan Stanley and Wells Fargo

Pedestrians pass a Wells Fargo bank branch in lower Manhattan.
Spencer Platt | Getty Images

Fears of an impending recession have been a drag on bank stocks for months. But we've stayed invested in our two financials — Wells Fargo (WFC) and Morgan Stanley (MS) — on the belief that an economic slowdown isn't enough to take the shine off their attractive qualities.