Bank of America Is Great. Here's Why You Shouldn't Buy It.
Bank of America is a large bank with a large market cap of more than $260 billion. The company has improved its business since the Great Recession. Bank of America's dividend is back in growth mode, but the company is more complex than most investors realize. There are several reasons why investors shouldn't buy the bank right now.
The Motley Fool · 2h ago
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Asana shares surged over 5% to $18.95 Monday. Bank of America initiated coverage of the work management platform with a "buy" rating and a price target of $25. Asana shares have gained 6.8% so far this year. The company's stock is up 28% over the past year.
Investopedia · 15h ago
Bank of America Corp. stock underperforms Monday when compared to competitors
Bank of America Corp. Shares closed $1.49 short of its 52-week high. The stock dropped 0.91% to $33.61 on Monday. The S&P 500 index fell 0.38% and the Dow Jones Industrial Average closed 0.16% lower.
MarketWatch · 16h ago
Warren Buffett's Top 3 Stocks: Portfolio Allocation To This Sector Increased In Q4
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Benzinga · 17h ago
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Top Bank of America Shareholders
Bank of America Corp. Is one of the leading banks in the U.S. And one of world's largest financial institutions. The top shareholders of Bank of America are Paul F. Donofrio, Brian T. Moynihan, and Berkshire Hathaway Inc. Institutional investors hold approximately 68% of the company's shares outstanding.
Investopedia · 1d ago
2 Warren Buffett Stocks to Buy Hand Over Fist and 1 to Avoid
Warren Buffett's Berkshire Hathaway holds a large stake in Occidental Petroleum. The energy company is not a stock most investors should be buying at this time. Bank of America is the second-biggest holding in Berkshire's portfolio. The bank is a solid company in a steady business that's never going away.
The Motley Fool · 1d ago
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Seeking Alpha · 2d ago
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Benzinga · 2d ago
Berkshire Said Approximately 79% Of The Aggregate Fair Value Was Concentrated In Five Companies: American Express $28.4B; Apple $174.3B; Bank Of America $34.8B; Coca-Cola $23.6B, Chevron $18.8B
Benzinga · 3d ago
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Seeking Alpha · 3d ago
Nearly One-Fifth of Warren Buffett-Led Berkshire Hathaway's $368 Billion Stock Portfolio Is Invested in These 2 Financial Giants
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The Motley Fool · 3d ago
Bank of America Corp. stock outperforms competitors on strong trading day
Shares of Bank of America Corp. Closed 0.92% higher to $33.92 on Friday. The stock's rise snapped a three-day losing streak. The bank's stock closed $1.18 short of its 52-week high of $35.10. The S&P 500 and the Dow Jones Industrial Average both rose.
MarketWatch · 3d ago
Viking Holdings files confidential draft for IPO
Viking Holdings files confidential draft for IPO Feb. 23, 2024. The number of shares to be offered has not yet been determined. The cruise operator has reportedly engaged Bank of America as an advisor. The offering could be conducted as early as Q2. Viking Cruises provides river, ocean, and expedition cruises.
Seeking Alpha · 3d ago
JPMorgan: Fairly Valued Despite Positive Fundamentals
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Seeking Alpha · 3d ago
Bank branches are not going away even if consumers mostly use apps
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MarketWatch · 3d ago
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NASDAQ · 3d ago
Webull provides a variety of real-time BAC stock news. You can receive the latest news about Bank of America through multiple platforms. This information may help you make smarter investment decisions.
About BAC
Bank of America Corporation is a bank holding company and a financial holding company. Its segments include Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking and Global Markets. Consumer Banking segment offers a range of credit, banking and investment products and services to consumers and small businesses. The GWIM includes two businesses: Merrill Wealth Management, which provides tailored solutions to meet clients' needs through a full set of investment management, brokerage, banking and retirement products and Bank of America Private Bank, which provides comprehensive wealth management solutions. Global Banking segment provides a range of lending-related products and services, integrated working capital management and treasury solutions, and underwriting and advisory services. Global Markets segment offers sales and trading services and research services to institutional clients across fixed-income, credit, currency, commodity, and equity businesses.