Investments #38/364
Why I’m Adding More Bank of America (BAC) Shares to My Portfolio
First - I’ve deposited my regular $220.
After a recent dip in BAC ( $Bank of America (BAC.US)$ ) stock price, I’ve been watching its steady recovery, and I believe stock price will continue its upward trend. With the stock currently sitting at around $40 (close to its 200-day moving average of $37.2), it’s an exiting time to invest in one of the most respected financial institutions in the world.
BAC ranks 28th globally by market capitalization, and its reputation as a cornerstone in the banking industry makes it a high-quality choice for long-term investors like me. As part of my weekly investment strategy - where I regularly invest in solid, reliable companies - BAC stands out as a great opportunity 🚀📈
#investing #BankOfAmerica #BAC #StockMarket #InvestmentStrategy
Tencent is still my profitability leader for the past 14 weeks 🎉
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