Wells Fargo Wells Fargo (NYSE: WFC) rode momentum in the financial sector and bank stocks earlier this year, while good news in the second half of the year drove the stock more than 60% higher for the year. It was a wild year in the market as investors juggled ongoing pandemic recovery, inflation, monetary policy, high valuations, and geopolitical issues. The company has been a leader in the gaming graphics processing unit (GPU) market for years, but it is gaining traction in a wider variety of applications, such as data centers for cloud computing, artificial intelligence, and robotics.