Bank of America Stock Is a Buy. Here’s Why.

SourceCNBC
SectorFinancial Markets
CountryMiddle east

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For a financial institution with nearly $3 trillion on its balance sheet,

Bank of America

sometimes gets lost in the shuffle.

It isn’t

JPMorgan Chase

(ticker: JPM), with its “fortress balance sheet” and charismatic CEO, Jamie Dimon. Nor is it

Goldman Sachs Group

(GS), with its long history and aura of invincibility. It isn’t even

Citigroup

(C) or

Wells Fargo

(WFC), which have excited investors with the possibility of turnarounds...read more...