As we mentioned earlier, this month we are going to be looking at the stocks that make up the DJIA. . Next up…Bank of America (BAC).
Bank of America (BAC) has an average fundamental score and scores a ZERO for its technical qualities. Shares are below key moving averages and just consolidating above support. Debt is high, and the Beta of the stock (2.28) makes it a touch too volatile considering the quality of the name. ROE is very low as is the revenue growth. Looks like it is very deserving of this score…..
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