Bank of America Hits 52-Week High: Should You Buy BAC Stock Now?

Bank of America Corporation (BAC) shares touched a new 52-week high of $47.74 during Monday’s trading session. Quarter to date, the stock has risen 19.7%, outperforming the Zacks Finance sector and the S&P 500 Index. Also, BAC stock has fared better than its industry peers — Citigroup Inc. (C) and JPMorgan Chase & Co. (JPM) .Quarter-to-Date Price PerformanceImage Source: Zacks Investment ResearchDoes BAC stock have more upside left despite hitting a 52-week high? Let’s try to find out.Factors Likely to Impa ...