Investopedia: Enthusiasm For Bank Of America Seems A Little Strange

Say what you will about the quality of sell-side research these days, but scanning reports can at least give you a sense of how one side of the Street feels about a company. To that end, I'm a little surprised at the generally positive response to Bank of America's (NYSE:BAC) second quarter earnings. While it is true that credit and capital are slowly getting better, I see a lot of "core" issues that make me question the pace and extent of the bank's ultimate recovery.

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