Thursday, January 24, 2013

Bank of America (BAC.NYSE) - Buy & Hold for long term

What happen to global subprime mortgage crisis is over now. The recovery is on-going. We will see a strong recovery in US housing market in coming months and strong bull market in China/HongKong.

24/1/2013 : Buy BAC
Reason: Undervalued US Bank Stock, which trading at low P/B ratio.

No comments:

Post a Comment