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Is Bank Of America An Undercover Income Play

January 3, 2017

I published an article on Bank Of America ($BAC) and described why I think the bank is a long-term buy at today's price. 

 

Highlights from the article: 

*A rising rate environment will greatly benefit the businesses of the large financial institutions, including BAC.

*This bank has room to grow its dividend through at least 2018.

*BAC shares are a long-term buy, even after the recent run-up.

 

See more here: http://seekingalpha.com/article/4034025-bank-america-undercover-income-play

 

 

 

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