Bearish News Story Alert - Financial Firms Expect Stormy Day
The Chaikin Power Gauge RatingTM for Bank of America Corporation $BAC is neutral with very attractive financial metrics, weak earnings performance, bearish price/volume activity and positive expert opinions.
BAC's financial metrics are excellent due to a low price to book value. BAC's earnings performance is weak as a result of inconsistent earnings over the past 5 years.
Despite these bullish factors, Chaikin Power Tools has identified a negative trend resulting in a neutral rating.
For more details on this stock click here to order our free 4-page research report. Trade this stock with the Chaikin Power Tools desktop widget or iPhone app. Click here to open a trading account.
