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Is Bank of America Corp (BAC) Stock a Good Buy in Banks - Diversified

Monday, July 13, 2020 03:15 PM | InvestorsObserver Analysts

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Is Bank of America Corp (BAC) Stock a Good Buy in Banks - Diversified

Bank of America Corp (BAC) is near the top in its industry group according to InvestorsObserver. BAC gets an overall rating of 49. That means it scores higher than 49 percent of stocks. Bank of America Corp gets a 82 rank in the Banks - Diversified industry. Banks - Diversified is number 116 out of 148 industries.

Overall Score - 49
BAC has an Overall Score of 49. Find out what this means to you and get the rest of the rankings on BAC!

What do These Ratings Mean?

Analyzing stocks can be hard. There are tons of numbers and ratios, and it can be hard to remember what they all mean and what counts as “good” for a given value. InvestorsObserver ranks stocks on eight different metrics. We percentile rank most of our scores to make it easy for investors to understand. A score of 49 means the stock is more attractive than 49 percent of stocks.

Our proprietary scoring system captures technical factors, fundamental analysis and the opinions of analysts on Wall Street. This makes InvestorsObserver’s overall rating a great way to get started, regardless of your investing style. Percentile-ranked scores are also easy to understand. A score of 100 is the top and a 0 is the bottom. There’s no need to try to remember what is “good” for a bunch of complicated ratios, just pay attention to which numbers are the highest.

What's Happening With Bank of America Corp Stock Today?

Bank of America Corp (BAC) stock is trading at $24.36 as of 3:02 PM on Monday, Jul 13, a gain of $0.33, or 1.39% from the previous closing price of $24.02. The stock has traded between $23.86 and $24.51 so far today. Volume today is light. So far 49,330,174 shares have traded compared to average volume of 78,762,744 shares.

To screen for more stocks like BAC click here.

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