4 Things You Need to Know if You Buy Bank of America Today
Bank of America (NYSE: BAC) recently reported third-quarter results that beat Wall Street expectations. Revenue of $25.2 billion was up 3% year over year, while diluted earnings per share rose 11% to $0.90.
But the stock hasn't been a winner in recent times. It's down 22% in 2023, a disappointment compared to the S 500's 8% gain and rival JPMorgan Chase's 2.5% increase.
Nonetheless, Bank of America is Warren Buffett's second largest holding. That's certainly a vote of confidence in the bank stock's investment merits.
Source Fool.com
JPMorgan Chase & Co. Aktie
199,20 €
-0,16 %
Und JPMorgan Chase & Co. steht derzeit mit 34 Buy-Einschätzungen und keiner einzigen Sell-Einschätzung bei unserer Community hoch im Kurs.
Das Community-Kursziel von 203 € für JPMorgan Chase & Co. deutet auf ein leicht positives Wachstumspotenzial gegenüber 199.2 € hin.
