The second largest bank in the US was fined.
Bank $BAC will pay a $150 million fine for charging its clients for services they did not ask for.
How do you view the banking sector after the collapse of several US banks? Do you trust the banks or do you prefer to invest in fintech companies?
Bank of America
BAC
BAC Fair Price
My Notes
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Stocks from the banking sector are not as stable, but I see potential here.
I was looking at $BAC stock today and I see that the stock is really low right now. I plan to do some more detailed analysis on $BAC, however the price is low and unless I come across something I don't like, I would definitely buy a few shares.
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The$BAC is Buffett's top, he likes it a lot and believes in it, even though it's down now, he still holds it and so I hold it too and i'm overbought down now.
Giant US banks have passed the Fed's stress test.
The five largest U.S. banks said Friday they will return more cash to shareholders after passing the Fed's stress tests early last week, a show of strength that reinforces the gap between the industry giants and smaller regional rivals.
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A summary of the news over the last few days around the US.
Recession, recession, recession. We hear it over and over again, even if you plug your ears. I've been hearing it a lot lately, so let's see what the situation is. Recent statements from economic strategists.
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The companies you listed have been on sale for a long time. I guess I'm fine with this situation, I'll just keep shopping cheap. I bought another $PFE today. Thanks for the recap!
It's like Simone in Comeback when she accidentally ended up with extra edges 😂😂😂