Thursday, January 24, 2013

Bank of America Stock Prediction

I am not a financial advisor, I am not a financial analyst, and I do not care much for the stock market but I do observe movements among the power players in today's world in order that I might better understand their game plan and perhaps "ride the tide."

Take for example, Warren Buffet. The man is a financial genius when it comes to investment decisions on Wall Street and in his own backyard. His investment decisions, his portfolio, his net-worth, his history, and his level of honesty are an indication that he knows exactly what he is doing when he makes a move. Within the last couple of years Buffet and Trump have both made substantial investments with Bank of America worth billions.

Knowing that I am not much into the stock market I had considered Bank of America shares as an investment for months, but I desired an educated opinion before making a decision and finally asked for one from someone who has a history of very successful stock investments. Lo' and behold, this friend of mine published an article recently over Seeking Alpha predicting exactly that. The prediction is that Bank of America stands to increase its value substantially over the coming years.

Disclaimer: Neither this article nor Mr. Cho's article are forms of financial advice, but merely opportunity predictors for the coming years. Please seek financial advice from a licensed professional in the securities market for further information on any company stock.

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