Get started
Bank of America
Long

Cash it with BAC

By kirilspiridonov
  • With interest rates rising — and deposit rates staying at low levels — the company has been able to generate substantial profits
  • Net income jumped by 33% to $6.8 billion in the last quarter
  • "Yet it seems like a good bet that the momentum will continue. The Federal Reserve has indicated there will be two rate increases this year and another three in 2019"
  • Target price according to fundamentals - $34.57 per share
BANKbanksBeyond Technical AnalysisfedfederalreserveFundamental AnalysisinterestratehikeinterestratessignalsignalsSupport and Resistance
kirilspiridonov

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.