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home / news releases / is bank of america stock a good long term investment

RY:CC - Is Bank Of America Stock A Good Long-Term Investment?

Royal Bank of Canada
  • Bank of America is poised to benefit from the rising interest rate environment.
  • The company also has strong loan growth prospects.
  • The stock is trading at 13.32x FY22 EPS estimate and 11.41x FY23 EPS estimate and I believe it is a good buy at the current level.

For further details see:

Is Bank Of America Stock A Good Long-Term Investment?
Stock Information
Company Name: Royal Bank of Canada
Stock Symbol: RY:CC
Market: TSXC
Website: rbc.com
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