Bank Of America Stock Is Up 19% YTD, Where Is It Headed?

PARAGUAY - 2024/08/19: In this photo illustration, the Bank of America logo is displayed on a ... [+] smartphone screen. (Photo Illustration by Jaque Silva/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesBank of America’s stock (NYSE: BAC) has gained 19% YTD, as compared to the 18% rise in the S&P500 index over the same period. Notably, Bank of America’s peer Wells Fargo (NYSE: WFC) is up 14% YTD. Overall, at its current price of $40 per share, BAC is trading 12% below its f ...