Thursday, June 30, 2016

Bank Of America: Stress Free Investment

Bank Of America passed the Fed stress test with flying colors.
The bank is set to substantially increase capital returns without stressing the capital ratios.
The stock is a screaming buy that now offers decent yield support.
Based on the chart of Bank Of America (NYSE:BAC), the market repeatedly stresses over the prospects of the large financial. The stock has taken repeated hits over the last year despite relatively stable earnings and strong capital ratios.
Read the full article on Seeking Alpha


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