A day at a time
As always, be careful how you assess a day’s movements. Even though there is new information that could affect Bank of America Corp (NYSE:BAC), there remains an underlying strength in the continued improvements within the bank — giving it the momentum to continue growing. As a Foolish investor, remember that one day’s changes won’t always stick with the company for the long term, so if you’re confident in the fundamentals of the company, don’t let one piece of news or a sell-off scare you away.
The article Why Bank of America Is Waffling Today originally appeared on Fool.com and is written by Jessica Alling.
Fool contributor Jessica Alling has no position in any stocks mentioned — you can contact her here. The Motley Fool recommends American International Group (NYSE:AIG) and Wells Fargo. The Motley Fool owns shares of American International Group, Bank of America Corp (NYSE:BAC), JPMorgan Chase & Co. (NYSE:JPM), and Wells Fargo (NYSE:WFC) and has the following options: Long Jan 2014 $25 Calls on American International Group.
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