On a Fool Live episode recorded on June 17, Fool contributor Matthew Frankel talks about why his favorite bank stock right now is Wells Fargo (NYSE: WFC). Owning bank stocks is a great way to hedge against inflation, as this industry tends to thrive during inflationary periods. I got a lot of pushback and "OK boomer" comments on Twitter about it because everyone is expecting like a Square, a PayPal, or something more exciting.