Thursday, 3 July 2014

US Stock Tip: Bank of America remains one of my favourite US Stock!

Dear Friends,

We think that Bank of America has a potential to go up strongly to benefit from the boom in US economy. With unemployment figures going down, and economy going strongly, BAC is expected to go up in price. The recent sell down in BAC is because of accounting fraud and has already been priced in.

Should expect this stock to perform from now on. May buy this stock through any local brokerage house.

Price now: $15.85
Mid term target: $17
Long term target: $19.90


Rgds
Daniel

STI is the Only Flower stuck in a pile of Cow Dung! - The only major index in Asia that is in the Green

Dear Friends, A few days ago, I issued a post on where I think is the accumulation area of STI - 3300-3350. Yesterday it dropped into thi...