Lifting 42% YTD What Next For Bank Of America?
Bank of America(BAC) Forbes·2024-11-19 19:00
Bank of America at the heart of Canary Wharf financial district on 5th November 2024 in London, ... [+] United Kingdom. (photo by Mike Kemp/In Pictures via Getty Images)In Pictures via Getty ImagesBank of America’s stock (NYSE: BAC) has gained about 42% year-to-date, compared to the 25% rise in the S&P500 index over the same period. Bank of America’s peer Wells Fargo (NYSE: WFC) is up by an even stronger 54% YTD. Overall, at its current price of $46 per share, BAC is trading around the Trefis’ estimate for ...