Wells Fargo Stock Hits Record High: Buy, Hold or Take Profits?

Key Takeaways WFC surged to an all-time high as banking-sector strength and rising rate-cut expectations lifted shares. Asset cap removal lets WFC expand deposits, loans and fee businesses, boosting NII and profitability. WFC's liquidity, dividend hikes and large buybacks reflect solid capital strength and investor appeal. Wells Fargo & Company (WFC) shares reached an all-time high of $89.39 during the trading session yesterday to finally close at $89.35. The increase in WFC price aligned with broader banki ...