Wells Fargo Stock Hits Record High; Analysts See Strong Growth

Banking giant Wells Fargo (WFC), known especially for its home mortgage loans, rose to an all-time high Wednesday amid prospects for continued double-digit profit growth. Also on Wednesday, the IBD Relative Strength Rating for Wells Fargo stock rose to 75, up from 69 the day before. The upgraded 75 RS Rating shows that San Francisco-based Wells Fargo’s stock tops 75%…