BAC Stock Recent News

Recently, Zacks.com users have been paying close attention to Bank of America (BAC). This makes it worthwhile to examine what the stock has in store.

November had no shortage of major news headlines. The 2024 election results propelled stocks to new highs; corporate earnings have, collectively, come in better than expected; and the October inflation report didn't upend the two-year (and counting) bull market rally.

Global financial institution becomes the latest Official Partner of the new 32-team FIFA Club World Cup™ Expanded partnership between Bank of America and FIFA supports the pursuit of excellence and achievement in football through two iconic sporting events Bank of America will engage with billions of passionate football fans around the world, in order to deepen client relationships, engage local communities, and help drive growth throughout the USA and the major markets hosting FIFA Club World Cup 2025™ and FIFA World Cup 26™ matches CHARLOTTE, N.C. , Dec. 3, 2024 /PRNewswire/ -- FIFA is proud to announce Bank of America as the latest Official Partner of the FIFA Club World Cup 2025™, the new tournament that will bring together 32 of the world's best clubs in the United States next year for the greatest global club competition in history.

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

BAC stock trades near its 52-week high. Read on to know whether to buy it now or wait for a better entry point.

Berkshire Hathaway's portfolio includes diverse blue chips and lesser-known growth stocks, with 25 dividend-paying stocks analyzed for yield-based investment opportunities. Top Berkshire dividend stocks like Kraft Heinz and Sirius XM meet the dogcatcher ideal, offering dividends from $1K investments exceeding their share prices. Analysts project net gains of 4.31% to 25.75% for top Berkshire stocks by November 2025, with an average estimated gain of 13.83%.

BofA Economists and Strategists Forecast the US Economy to Continue to Outperform and the S&P 500 to Reach 6666 by Year-end NEW YORK , Dec. 3, 2024 /PRNewswire/ -- While we await key details on policy changes in the US, indications thus far suggest the outlook for 2025 could present big opportunities for investors. The US economy is on strong footing, with growing signs of a pickup in productivity growth as we head into the new year.

Philanthropic Program has trained more than 4,000 leaders at nearly 2,000 US nonprofits since 2004 CHARLOTTE, N.C. , Dec. 3, 2024 /PRNewswire/ -- Bank of America is celebrating two decades of its signature Neighborhood Builders® program—one of the country's largest and longest-standing philanthropic investments in leadership—providing funding and leadership training to nonprofits advancing economic mobility across the U.S.  Since 2004, Bank of America has invested more than $346 million in grants to nearly 2,000 nonprofits and helped more than 4,000 nonprofit leaders strengthen their leadership skills.

BofA double upgraded Credo Technology to Buy from Underperform with a price target of $80, up from $27, following a "solid beat and material raise earnings call." Credo is translating sales growth to a better earnings growth model, and its outlook suggests the start of a multi-year adoption cycle for its Active Electrical Cable product that enables power efficient artificial intelligence clusters, the analyst tells investors in a research note. The firm sees the company driving a strong second half of fiscal 2025, driven by strong AI growth at Amazon Web Services, a key customer at Credo.

Bank of America (BAC) concluded the recent trading session at $47.04, signifying a -0.99% move from its prior day's close.