Bank of America shares surged 18% in the first half of 2024, outperforming the S&P 500's 15%.

Bank of America (BAC) shares surged 18% in the first half of 2024, outperforming the S&P 500's 15% return. As the second-largest bank in the US with over $3.2 trillion in assets, it has passed its annual stress test. Investors may question the stock's return potential in the second half of 2024, but its strong performance and Buffett's portfolio holdings suggest it could be a good buy.

July 14, 2024
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