Bank of America: Profitable Cheap Stock

This is a US news story, published by Yahoo Finance, that relates primarily to BAC news.

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Is Bank of America Corporation (BAC) The Most Profitable Cheap Stock to Buy Now?

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US stocks rose on Friday , May 2 , as the S&P 500, Dow Jones Industrial Average, and Nasdaq all posted impressive gains.

The rally comes after China signaled openness to trade talks and a better-than-expected monthly US jobs report.

China ’s commerce minister stated that the “door is open” if the US would agree to pull back on reciprocal tariffs.

UBS raised its price target on Bank of America Corporation ( NYSE : BAC ) and maintained a “Buy” rating after the company “leaps over lowered bar” with its Q1 results.

Overall, BAC ranks 2nd on our list of the most profitable cheap stocks to buy now.

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