Should You Buy Bank of America While It's Below $50?

Bank of America (NYSE: BAC) has done a great job at winning over investors in recent times. The second-largest bank in the U.S. by assets has seen its shares soar 88% since late October 2023. But they're still trading about 14% off their all-time peak, which might prompt some investors to take a closer look.Should you buy this financial stock while it's less than $50?Because Bank of America has been around for such a long time, tracing its roots back to 1865, the company has developed into a enormous financial services entity that can serve a wide range of customers. This includes individuals and small businesses all the way to multinational corporations and governments.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool