How Risky Is Bank of America Stock?
The coronavirus pandemic has been particularly scary for bank stocks. Banks are heavily influenced by the state of the economy, so when the economy struggles, hard times and loan losses can follow. And investors haven't forgotten the role banks played in the Great Recession.
As the second-largest bank in the country, with exposure to broad swaths of the economy, Bank of America (NYSE: BAC) is inevitably at the crux of investors' concerns. Let's take a look at how risky Bank of America's stock is roughly eight months into the pandemic.
Image source: Bank of America,
Source Fool.com
