caldooninvestment

Bank of America: Best Stock while bond yields are increasing!

Long
caldooninvestment Updated   
NYSE:BAC   Bank of America
While the bond yields are going up (cost of borrowing), the sector that would greatly benefit from
news like this is no one else but our good old banking sector. It would be a good risk-management in these
fluctuating days to have some bank stocks in your portfolio. Here are some possible support points for
BAC. We would recommend buying more each time it gets close to one of the support lines!
Comment:
BAC proved itself!
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