Comment on Bank of America's Stock Is Approaching a Very Significant Threshold

Bank of America's Stock Is Approaching a Very Significant Threshold

Image source: iStock/Thinkstock.Shares of Bank of America (NYSE: BAC) have climbed steadily since the end of June and are once again approaching a significant threshold. Trading for more than $17 per share, the nation's second biggest bank by assets will soon be valued at roughly even to its tangible book value per share.At the end of the third quarter, which concluded on Sept.

 

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