Finally, Bank of America also reported very solid results. I have shares of $BAC in my portfolio and they make me happy. While the stock is already up more than 20% for the year, the price doesn't seem that high to me yet.
Would it make sense for you to buy shares of $BAC even at the current price?
I have shares of $BAC in my portfolio, but the current price is high enough that I won't be overbought right now.
Bulios Black
This user has access to exclusive content, tools and features of the Bulios platform thanks to their subscription.
For me in the bank's portfolio so far so good. I am very happy with $JPM and $BARC.L. I won't add a third representative just yet, but if I had to choose, $BAC would be a solid candidate.
Congratulations, I feel the same way you do. Great bank, great results and makes me happy, profit + dividends. Should I buy now? ...hard to say, I'm not buying now, I want to keep buying good and especially the results are good because of the high interest rates the banks have benefited from and now and further down next year, so I don't think the results will be like that anymore. Like everywhere, I think there is cyclicality here and buying banks at good prices again will be on/before some crisis and subsequent high CPI.