I published this one only now, I've been long for a good while, and banked profits recently. I bought $BAC today, near the closing price. I think this stock is primed for a huge rally, that will end in a new all time high by 2021. Definitely one of the strongest long reccomendations I can make to benefit from the long term trend that is active in the S&P500 right now.
Management is very competent, and earnings reports have been very positive for the company since banking regulations started being eased recently. This is a big positive for financials, and with $BAC's capable CEO continuing to reach their goals on time, reducing costs and operating at huge efficiency ($BAC has one of the highest efficiency ratios among its peers), and most people pessimistic about the outlook of the economy and the stock market, the path of least resistance is up.
Management is very competent, and earnings reports have been very positive for the company since banking regulations started being eased recently. This is a big positive for financials, and with $BAC's capable CEO continuing to reach their goals on time, reducing costs and operating at huge efficiency ($BAC has one of the highest efficiency ratios among its peers), and most people pessimistic about the outlook of the economy and the stock market, the path of least resistance is up.
Comment:
The opportunity in $BAC is huge...as you can see.
The opportunity in $BAC is huge...as you can see.
Trade active:
#BAC is a good buy here, daily signal, and longer term trend is up in it:
For reference...