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Is Bank of America Corp (BAC) Stock a Good Value Thursday?

Thursday, January 09, 2020 03:50 PM | InvestorsObserver Analysts

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Is Bank of America Corp (BAC) Stock a Good Value Thursday?

The 78 rating InvestorsObserver gives to Bank of America Corp (BAC) stock puts it near the top of the Financial Services sector.

In addition to scoring higher than 87 percent of stocks in the Financial Services sector, BAC’s 78 overall rating means the stock scores better than 78 of all stocks.

Click Here to get the full Stock Score Report on Bank of America Corp (BAC) Stock.

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 78 means the stock is more attractive than 78 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 $34.99 as of 3:41 PM on Thursday, Jan 9, a gain of $0.02, or 0.07% from the previous closing price of $34.97. Volume today is low. So far 29,384,747 shares have traded compared to average volume of 43,505,150 shares. The stock has traded between $34.94 and $35.33 so far today.

To see InvestorsObserver's Sentiment Score for BAC click here.

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