Here's How Bank of America Corporation Crushed It in 2017
Bank of America (NYSE: BAC) was one of the hardest-hit major U.S. banks during the financial crisis, and the stock took a major tumble as a result. However, the bank has done an incredible job of not only recovering from the meltdown, but transforming its business into a well-run, sustainable banking operation that continues to improve.
As a result, Bank of America's stock price has risen more than 600% altogether since its 2009 post-crisis lows, and 2017 has been a very strong year, with a gain of 22% through mid-November. Here's why the bank is doing so well, and why shareholders should be encouraged about the future.
Image Source: Bank of America.
Source: Fool.com
Bank of America Corp. Aktie
37,24 €
-2,58 %
Leichte Community-Bevorzugung: Bank of America Corp. mit mehr Buy- als Sell-Einschätzungen.
Das Kursziel von 42 € für Bank of America Corp. weist auf ein leicht positives Potenzial gegenüber dem aktuellen Kurs von 37.24 € hin.
