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Is Wells Fargo & Co. (NYSE:WFC) Among Israel Englander's Top Stock Picks Heading Into 2025?

Is Wells Fargo & Co. (NYSE:WFC) Among Israel Englander's Top Stock Picks Heading Into 2025?


Published on 2025-01-06 09:40:49 - MSN
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  • We recently compiled a list of the Billionaire Israel Englander's Top 10 Stock Picks Heading Into 2025. In this article, we are going to take a look at where Wells Fargo & Co. (NYSE:WFC) stands against the other stock picks.

The article discusses whether Wells Fargo & Co. (NYSE: WFC) is among the top stock picks for Israel Englander, the founder of Millennium Management, heading into 2025. It highlights Englander's investment strategy, noting his firm's significant stake in Wells Fargo, with 1,888,888 shares as of the end of the third quarter. The piece also provides context on Wells Fargo's performance, mentioning its recovery from past scandals and its current financial health, including a 6.6% year-to-date increase in stock value. Additionally, it touches on broader market trends and the potential for Wells Fargo to benefit from economic recovery and regulatory changes. The article concludes by suggesting that while Wells Fargo is not explicitly listed as one of Englander's top picks, its presence in his portfolio indicates a positive outlook.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/savingandinvesting/is-wells-fargo-co-nyse-wfc-among-israel-englander-s-top-stock-picks-heading-into-2025/ar-AA1x2CEF ]
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