Is Bank of America Stock a Buy Now After Earnings?
BACBank of America(BAC) The Motley Fool·2024-07-21 06:12

The blazing rally in shares of this megabank can keep going.Shares of Bank of America (BAC -0.26%) surged following the release of its latest quarterly earnings. The megabank beat expectations with results benefiting from a resilient economic backdrop and improving credit conditions. The stock is up an impressive 31% year to date, climbing back to its highest level since early 2022.The positive headlines are encouraging, but are they enough to keep the rally in Bank of America stock going? Here's what inves ...