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At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.10% per year. These returns cover a period from January 1, 1988 through October 7, 2024. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Zacks may license the Zacks Mutual Fund rating provided herein to third parties, including but not limited to the issuer.
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Zacks News
Banks Rejoice as Fed Hikes Rate, Raises Economic Outlook
by Zacks Equity Research
The Fed's announcement of the first rate hike of 2018 to 1.50-1.75%, at the FOMC, comes on the back of an improving economy, confidence of meeting the inflation target and impressive labor market gains.
Wells Fargo CEO Sloan's Compensation Hiked by 36% in 2017
by Zacks Equity Research
Wells Fargo's (WFC) chief executive officer (CEO), Tim Sloan, received about 36% pay hike in total compensation package to $17.4 million in 2017.
Fifth Third Unveils Cardless ATMs to Boost Digitalization
by Zacks Equity Research
Fifth Third Bancorp (FITB) officially rolls out cardless technology at more than 2,500 ATMs in 10 states which will allow customers to use ATMs without physical debit cards.
Should Banks Feel Threatened by Amazon's Entry?
by Swayta Shah
As Amazon (AMZN) intends to enter the banking space, existing banks must counter the intrusion by making their products and services more attractive.
Wells Fargo Brokerage Arm Under Massachusetts Investigation
by Zacks Equity Research
The wealth management division of Wells Fargo (WFC) is being investigated by the securities regulator of Massachusetts to check for possible customer abuses.
Forget Wells Fargo (WFC), Buy These 3 Finance Stocks Instead
by Zacks Equity Research
Investing in value-oriented stocks at the right time makes Wells Fargo (WFC) unattractive for investors.
Profit From Share Buyback Boom With These ETFs
by Sweta Killa
2018 is expected to be the second-busiest year for buybacks since the bull market began in 2009 buoyed by the new tax law.
The Zacks Analyst Blog Highlights: Citigroup, Wells Fargo and JPMorgan
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Citigroup, Wells Fargo and JPMorgan
Wells Fargo Discloses Problems in Wealth Management Division
by Zacks Equity Research
Wells Fargo (WFC) is yet to reveal the number of accounts that have been affected.
Wells Fargo (WFC) Sued Over Unfair Discrimination Practices
by Zacks Equity Research
Wells Fargo (WFC) faces yet another suit over its discriminatory lending practices, this time from the city of Sacramento.
Apple News: Buffett Buys More, iCloud Goes Google, China Woes
by Benjamin Rains
Shares of Apple (AAPL) surged nearly 2% to inch closer to their all-time high on Monday following an array of news regarding the iPhone giant, including a significant iCloud announcement and further investment from Berkshire Hathaway (BRK.B).
The Zacks Analyst Blog Highlights: Citigroup, JPMorgan, Wells Fargo, PNC and Northern Trust
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Citigroup, JPMorgan, Wells Fargo, PNC and Northern Trust
Fed to Speed Up Rate Hikes? 4 Bank Stocks to Buy
by Zacks Equity Research
The possibility of aggressive rate hikes by the Fed through 2018 will likely boost bank profits.
Warren Buffett Is Buying These Stocks, Should You?
by Ryan McQueeney
No one person's commentary about the stock market commands quite as much attention as that of Warren Buffett. Should you be following in Buffett's footsteps by buying the same stocks? Let's take a closer look.
Pioneer Natural Resources, Mattel, Wells Fargo and Berkshire Hathaway highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
Pioneer Natural Resources, Mattel, Wells Fargo and Berkshire Hathaway highlighted as Zacks Bull and Bear of the Day
Wells Fargo (WFC) to Divest Assets of Auto Lending Segment
by Zacks Equity Research
With an aim to focus on core banking operations and to cope with strict conditions imposed by the Federal Reserve, Wells Fargo & Company (WFC) enters into another divesture agreement.
Wells Fargo Gains Amid Government Backlash, Berkshire Backing
by Benjamin Rains
Wells Fargo (WFC) stock surged over 2.60% on Wednesday, despite reports that Sen. Elizabeth Warren sent a critical letter to CEO Tim Sloan, questioning the embattled banking giant's recent customer refund initiatives.
The Zacks Analyst Blog Highlights: Wells Fargo, Fifth Third Bancorp and Citigroup
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Wells Fargo, Fifth Third Bancorp and Citigroup
S&P Downgrades Wells Fargo Ratings, Stable Outlook Affirmed
by Zacks Equity Research
S&P Global Ratings downgrades the ratings of Wells Fargo (WFC) and its subsidiaries. However, the rating firm has kept the outlook at "stable".
The Zacks Analyst Blog Highlights: Wells Fargo, Caterpillar, Schlumberger, Vertex and Republic Services
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Wells Fargo, Caterpillar, Schlumberger, Vertex and Republic Services
Moody's Affirms Wells Fargo Ratings, Outlook Down to Negative
by Zacks Equity Research
Moody's Investors Service affirms all the ratings of Wells Fargo (WFC) and its subsidiaries. However, the rating firm's outlook for the bank has been downgraded to "negative" from "stable".
Top Stock Reports for Wells Fargo, Caterpillar & Schlumberger
by Mark Vickery
Today's Research Daily features new research reports on 16 major stocks, including Wells Fargo (WFC), Caterpillar (CAT) and Schlumberger (SLB).
The Zacks Analyst Blog Highlights: ExxonMobil, Chevron, Wells Fargo and Arconic
by Zacks Equity Research
The Zacks Analyst Blog Highlights: ExxonMobil, Chevron, Wells Fargo and Arconic
Dow Plummets as 2018's Runaway Gains Disappear
by Madeleine Johnson
Monday was a wild ride in the stock market, and continued the losses seen last Friday. The Dow Jones plunged 4.6%, or over 1,100 points, to sit at 24,345.75, and the S&P 500 and the Nasdaq fell 4.1% and 3.7%, respectively.
Trump's First State of the Union Address: 5 Top Winners
by Tirthankar Chakraborty
Trump's State of the Union speech focused on rebuilding collapsing infrastructure, increasing defense outlays, deregulating banking norms and raising small business confidence by implementing tax cuts.