Bank of America stock captures more market interest
Bank of America's (BAC) stock faced a few tough years after the recession, but one commentator reaffirms his positive view on the bank's stock, citing Warren Buffett’s eight-year investment in the stock as a promising sign. Per Seeking Alpha:
Although risk continues to exist, specifically in dealing with rising interest rates and downsizing the mortgage sector of the company in the midst of the housing revival, I'm fairly confident that BAC will hold its ground for shareholders. I also think it's likely that BAC will, at some point going forward, increase its dividends.