Why I'm in No Hurry to Buy Bank of America Stock
Right now, Bank of America (NYSE: BAC) is on my radar screen after the bank failures in early 2023. While I see the opportunity the mini-banking crisis earlier this year created, I'm happy to stick with my investment in Toronto-Dominion Bank (NYSE: TD). In fact, Bank of America appears to have benefited from the troubles, as customers increased the amount of cash they have deposited in the bank.