Wells Fargo's stock (NYSE: WFC) has gained close to 51% year-to-date, as compared to the 28% rise in the S&P 500 index over the same period. In comparison, Wells Fargo's peer, Bank of America (NYSE: BAC), is up 42% year-to-date.
Wells Fargo (WFC) closed the most recent trading day at $72.05, moving -0.78% from the previous trading session.
Citigroup stock (NYSE: C) has gained about 44% year-to-date, compared to the 27% rise in the S&P 500 index over the same period. Citi's peer Wells Fargo (NYSE: WFC) is up by an even stronger 54% YTD.
JPMorgan stock (NYSE: JPM) has gained about 48% year-to-date, compared to the 28% rise in the S&P500 index over the same period. JPMorgan's peer Wells Fargo (NYSE: WFC) is up by an even stronger 50% YTD.
Does Wells Fargo (WFC) have what it takes to be a top stock pick for momentum investors? Let's find out.
Wells Fargo (WFC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Wells Fargo is reportedly selling its San Francisco headquarters as its leadership heads east. The banking giant's office in San Francisco's Financial District could go up for sale as soon as this month, the Wall Street Journal (WSJ) reported Wednesday (Dec. 3), citing sources familiar with the matter.
U.S. stocks could open on a positive note on Wednesday after the averages maintained a cautious stance on Tuesday. Futures of all three major indices were up on Wednesday, pointing to an optimistic sentiment on Wall Street.
Wells Fargo is set to sell its San Francisco headquarters, the Wall Street Journal reported on Tuesday, as the U.S. banking giant shifts its focus to the country's East Coast.
The move is part of a broader shift in the bank's power base to the East Coast.
Wells Fargo (WFC) closed the most recent trading day at $75.28, moving -1.17% from the previous trading session.