Wells Fargo is showing strong accumulation and looks poised to break out above the 21- and 50-day moving averages. Wells Fargo stock is a favorite with income investors because the stock currently pays a 2.37% annualized dividend yield. Savvy investors can further enhance the yield from Wells Fargo stock through the use of covered calls.
Wells Fargo (WFC) reachead $59.05 at the closing of the latest trading day, reflecting a +1.39% change compared to its last close.
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