Bank of America: Let Your Winners Run


  • Bank of America investors have outperformed the S&P 500 recently.
  • BofA has a solid banking franchise, benefiting from a higher-for-longer Fed.
  • BAC’s exposure to CRE loans is expected to remain well-controlled.
  • I argue why BofA investors should consider staying invested to ride the potential rally further. Read on.

Bank of America sign against blue sky

J. Michael Jones

Bank of America: Outperformed The S&P 500 Recently

Bank of America Corporation (NYSE:BAC) investors who ignored the selloff in April and added more shares have been rewarded. I reiterated my bullish BAC thesis in

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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