This Bank Stock Is Near Its 52-Week High

Shares of Bank of America (NYSE: BAC) are trading only 2% below their 52-week high, but this doesn't mean that they can't continue to climb.

Image source: Getty Images.

The nation's second biggest bank by assets, based in Charlotte, North Carolina, has seen its shares rally meaningfully since the presidential election last year; the unexpected outcome of that election led investors to believe that banks could soon earn more money.

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Source: Fool.com