Bank of America: Signs Of The Recession

jetcityimage In our last coverage of Bank of America Corporation (NYSE:BAC) (NEOE:BOFA:CA), we have generally had the view that the franchise was fairly valued, and the returns would be average. We did do one shift from that view in late October 2023 as the stock became rather undervalued and offered a compelling entry point. Thanks to the barn burner of a rally that followed, we were forced to shift back into neutral and have remained there since. Seeking Alpha The stock has done well since then regardless ...