Bank of America: Time For A Pause Heading Into Q2 (Rating Downgrade)

filo/iStock via Getty Images Despite the economy floundering and market experts starting to push rate cuts, Bank of America (NYSE:BAC) and other large bank stocks trade at multi-year highs. The sector has gotten a boost due to dips in capital requirements, but the sector faces an environment of lower rates and potentially higher loan risks. My investment thesis is more Neutral on the large banking stock of above $40 after pushing investors to repeatedly buy the stock down closer to $30 and below in the  ...