Is Bank of America Stock a Buy?

Bank of America (BAC 1.54%) kicked off the latest earnings season last week by beating analysts' earnings estimates. The second-largest bank in the U.S. showed its resilience despite higher interest rates that have begun to drag on net interest income.Its relatively cheap valuation and the prospect of a Federal Reserve pivot on interest rates could make Bank of America an appealing stock to scoop up. Here's what you should know first.Bank of America is very sensitive to changes in interest ratesBank of Amer ...