Wells Fargo Stock Reaches a 52-Week High: Should You Hold or Fold?

Key Takeaways Wells Fargo hit a 52-week high of $85.28 before closing at $85.16. Fed rate cuts are expected to boost WFC's net interest income and margin. Asset cap removal unlocks growth in deposits, loans and fee-based services. Wells Fargo & Company (WFC) touched a new 52-week high of $85.28 during yesterday’s trading session before closing slightly lower at $85.16.In the past year, WFC shares have surged 70.1%, outperforming the industry’s growth of 54.2%. It has also outpaced its close peers, Bank of A ...