Bank of America Shares Trade Near 52-Week High: How to Play BAC Stock?
Bank of America(BAC) ZACKS·2024-12-03 23:25
Bank of America (BAC) shares have been performing well this year. The stock is currently trading near its 52-week high of $48.08 (touched on Black Friday, Nov. 29).Quarter to date, BAC stock has risen 18.6%, outperforming the Zacks Finance sector and the S&P 500 Index. Also, it has fared better than its industry peers — Citigroup (C) and JPMorgan (JPM) .Quarter-to-Date Price Performance Image Source: Zacks Investment ResearchTechnical indicators also suggest strength for BAC. The stock is trading above its ...