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Wells Fargo & Company (WFC) [hlAlert]

Rating:
Buy WFC
up 79.68 %

Kiplinger's 10 Stock Picks for 2011: Wells Fargo (WFC)

Posted on: Sunday,  Dec 12, 2010  9:46 PM ET by Kiplinger: 10 Stock Picks for 2011

Kiplinger: 10 Stock Picks for 2011 rated Buy Wells Fargo & Company (NYSE: WFC) on 12/09/2010, when the stock price was
$30.07. Since then, Wells Fargo & Company has gained 79.68% as of 10/16/2015's recent price of $54.03.
If you would have followed this Kiplinger: 10 Stock Picks for 2011's recommendation on WFC, you would have gained 79.68% of your investment in 1772 days.

Wells Fargo & Company (Wells Fargo) is a financial holding company and a bank holding company. The Company is a diversified financial services company providing retail, commercial and corporate banking services through banking stores located in 39 states and the District of Columbia. It provides other financial services through subsidiaries engaged in various businesses, principally wholesale banking, mortgage banking, consumer finance, equipment leasing, agricultural finance, commercial finance, securities brokerage and investment banking, insurance agency and brokerage services, computer and data processing services, trust services, investment advisory services, mortgage-backed securities servicing and venture capital investment. The Company operates in three segments: Community Banking, Wholesale Banking and Wells Fargo Financial. On December 31, 2008, Wells Fargo acquired Wachovia Corporation (Wachovia).

For 12 of the past 16 years, James K. Glassman has offered readers ten stock picks for the year ahead, culled from the choices of experts I respect. My long-term record is solid, but my picks for 2010 were especially rewarding, returning an average of 18.6%. By comparison, Standard & Poor's 500-stock index returned 17.3%.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/9/2010 4:00 PM Buy
1 year
30.07
as of 12/31/2010
1 Week up  4.90 %
1 Month up  8.11 %
3 Months   
1 YTD up  8.11 %

(*) Stock Price at the time of the recommendation.
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