Is Bank of America Stock Still a Bargain?
It's been a good year for bank stocks, and Bank of America (NYSE: BAC) is no exception.
Since this time last year, shares of the Charlotte, N.C.-based bank have risen 61%. That's more than triple the S&P 500 and well over other banks, with the KBW Bank Index returning 38% over the same stretch.
Given this performance, it's reasonable for investors to ask: Is Bank of America's stock still a bargain?
Source: Fool.com
Bank of America Corp. Stock
€54.63
-0.270%
The stock is one of the favorites of our community with 87 Buy predictions and 1 Sell predictions.
However, we have a potential of -4.81% for Bank of America Corp. as the target price of 52 € is below the current price of 54.63 €.
