The 42 rating InvestorsObserver gives to Bank of America Corp (BAC) stock puts it near the middle of the Banks - Diversified industry. In addition to scoring higher than 61 percent of stocks in the Banks - Diversified industry, BAC’s 42 overall rating means the stock scores better than 42 percent of all stocks.
What do These Ratings Mean?
Finding the best stocks can be tricky. It isn’t easy to compare companies across industries. Even companies that have relatively similar businesses can be tricky to compare sometimes. InvestorsObserver’s tools allow a top-down approach that lets you pick a metric, find the top sector and industry and then find the top stocks in that sector.
These scores are not only easy to understand, but it is easy to compare stocks to each other. You can find the best stock in an industry, or look for the sector that has the highest average score. The overall score is a combination of technical and fundamental factors that serves as a good starting point when analyzing a stock. Traders and investors with different goals may have different goals and will want to consider other factors than just the headline number before making any investment decisions.
What's Happening With Bank of America Corp Stock Today?
Bank of America Corp (BAC) stock is trading at $25.00 as of 3:32 PM on Monday, Aug 3, a gain of $0.12, or 0.46% from the previous closing price of $24.88. Volume today is less active than usual. So far 40,544,314 shares have traded compared to average volume of 66,821,486 shares. The stock has traded between $24.69 and $25.31 so far today.
To see InvestorsObserver's Sentiment Score for Bank of America Corp click here.
