Cash it with BAC

27 ส.ค. 2018

• With interest rates rising — and deposit rates staying at low levels — the company has been able to generate substantial profits
  
• Net income jumped by 33% to $6.8 billion in the last quarter
  
• "Yet it seems like a good bet that the momentum will continue. The Federal Reserve has indicated there will be two rate increases this year and another three in 2019"
  
• Target price according to fundamentals - $34.57 per share