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Is Bac A Good Stock To Buy. Bac stock is attractive since book value should compound 10% annually. Of the 11 stocks in the money center banks industry, wfc is ranked #1, while bac is ranked #8.
Of the 11 stocks in the money center banks industry, wfc is ranked #1, while bac is ranked #8. The bank of america corporation stock is extremely overbought on rsi14 (80). Should i buy bank of america (bac)?
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They beat expectations on both. Bank of america beat on both earnings and revenue. Now is a good time to buy bac stock since it is at 82% of book value. Relative to other major banks, bac stock is very cheap, trading at 1.09 times its book value.