Bank of America: Buy Before It Climbs More After Q2 Earnings
Bank of America(BAC) Seeking Alpha·2024-07-11 15:13
J. Michael Jones BAC stock price can climb more on Q2 earnings I last covered Bank of America (NYSE:BAC) about 3 months ago, shortly after it released its 2024 Q1 earnings. As illustrated by the screenshot below, In that article (see the next chart below), I rated the stock as BUY following the framework of the so-called Buffett's rule of 10x EBT (earnings before taxes). More specifically, the article argued: The bank's strong balance sheet and capital ratios position it well for growth and potential regula ...