Wednesday, July 2, 2014

BAC good buy?

My comment on this article:
http://seekingalpha.com/news/1827165-bofa-boosted-by-upgrade

BAC looks good technically here at 15.5. Though I am not a buyer of this stock since there are better valued bank stocks that I prefer like JPM and WFC.

Agree with the article that this might still go to 18 or higher in near future.