The Bank of America Corporation (BAC) stocks are trading at greater $25.27 along with also the avg recommendation for its stock is Moderate Buy. while the present analyst price goal stands at $28.57.To add more colour to this goal, the company’s high over the previous season is $35.72 and the low is $17.95. On the past 52 weeks, BAC is down -29.26% while the S&P 500 is 1.23%. The catalyst for this interesting swing was the company’s recent earnings report. )A Notable Earnings ReportIn the last quarter, BAC reported a profit of $10.85 billion. Bank of America Corporation also saw revenues increase to $12.54 billion. In addition, BAC has free cash flow of $0.0 as of 06-2020.BAC booked profit margins of 41.00%, its Return on Equity (ROE) is 10.70%, and its Return on Assets is 1.10%. All told, it is clear that, BAC needs to be on your watchlist.Find out when BAC reaches critical levels. Subscribe to OracleDispatch.com Right Now by entering your Email in the box below.Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. BAC has a short ratio of 0.92 and outstanding shares of 8.82B.Company OutlookBAC has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 57.61 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at 2.08. Investors should also keep an eye on sector updates as BAC has historically followed its peers on positive news.All told, Bank of America Corporation BAC has strung together solid data and demonstrated underlying fundamentals. At its current valuation, BAC represents an intriguing risk/reward case. Traders should stay tuned to see if this recent report will push that the stock to test recent resistance levels.Bank of America Corporation BAC is now commanding a market cap of 220.65B and a float of 8.65B. BAC is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of BAC stock, as well as other hot stock picks, get our complimentary newsletter today and get our next breakout pick!Disclosure: we hold no position in BAC, either long or brief, plus ” We have yet to be paid for this report.