In his Tuesday appearance on Squawk on the Street, Jim Cramer continued to assert that Wells Fargo & Company (NYSE:WFC)'s multiple was too low. As for Wells Fargo & Company (NYSE:WFC), he has asserted that the bank's current story is a long-term turnaround that should take a while to properly execute. For instance, in April, ahead of the bank's first quarter earnings, Cramer remarked that Wells Fargo & Company (NYSE:WFC) was not "an earnings story." Over the past couple of years, Wells Fargo & Company (NYSE:WFC) has also been at the center of a major turnaround. On July 15th, Baird discussed Wells Fargo & Company (NYSE:WFC)'s shares.