Bank of America Corp (BAC): Why The Stock Is Up Today

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Or maybe the markets are hoping that, with this multibillion-dollar judicial signoff, Bank of America Corp (NYSE:BAC) is well on its way to putting the worst of its financial-crisis cleanup behind it. I don’t think the bank is there yet, but a lot of investors do.

In the end, remember that the markets work in mysterious ways: One week your favorite stocks are up, and the next they’re down. As a Foolish investor, you’re in it for the long term. Keep an eye on company fundamentals, and leave the rest to time.

The article Why Bank of America Is Up Today originally appeared on Fool.com.

Fool contributor John Grgurich owns shares of Citigroup and JPMorgan Chase. Follow John’s dispatches from the bleeding heart of capitalism on Twitter @TMFGrgurich. The Motley Fool recommends Wells Fargo. The Motley Fool owns shares of Bank of America, Citigroup, JPMorgan Chase, and Wells Fargo.

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