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December 13, 2012 at 13:07 PM EST
Bank of America Remains a Strong Buy
MINYANVILLE ORIGINAL We wanted to provide Minyanville readers with an update on the large-cap banks. We started to get bullish in this group back in August as Bank of America (BAC) moved to a Strong Buy.  We have mentioned this name before specifically as the best way within the group to leverage a housing recover. Now we have another catalyst that will help push these names higher -- the potential for higher rates.  If the market believes rates have bottomed at this point the balance sheets of these large banks that are interest rate-sensitive will have expansion in NIM ...
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