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Is Bank of America the Best Bank Stock?

TheMotleyFool

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The financial sector has been one of the hardest-hit parts of the stock market since the COVID-19 pandemic sent the stock market plunging into a bear market earlier this year. And Bank of America (NYSE: BAC) has been especially disappointing. Even after the recent rebound, the bank has lost more than one-fourth of its market value in 2020.

With that in mind, here's a quick overview of just how cheap Bank of America has become, why the stock has done so poorly, and why it might be a good bank stock to buy now.

Image source: Bank of America.

Source Fool.com

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