cnbcs jim cramer on monday advised investors to add wells fargo to their shopping lists wells fargo has now taken the lead as the best net interest margin play in the group and their multiyear turnaround plan is finally bearing fruit … its by far my favorite name in this new leadership group he said the bank beat wall street expectations on earnings and revenue in its third quarter though its profit was hurt by its decision to boost its loan loss reserves cramer said that the most important part of the banks quarterly results was its net interest margin which is the spread between what they pay for clients deposits and the return it gets from its investments the money wells fargo receives from this spread known as net interest income has massively outperformed expectations according to cramer the bank said earlier this year that they expected 8 net interest income growth from 2021 and raised that forecast to 24 on friday these guys are printing money thanks to the higher yield curve he said cramer added that wells fargos net interest margin is better than those of its competitors whose quarters he also recapped on friday adding to his bull case for the bank is its efficient cost control measures lack of capital markets exposure and its new mergers and acquisitions business he noted that while hes bullish on the stock investors should keep in mind that the federal reserve initiated an asset cap on wells fargo in 2018 limiting the banks ability to grow although theres a possibility of the cap being lifted next year … we have no idea when that will happen so i wouldnt include it in your calculus he said