Stocks-Prognosis.com
Search on StockPrognosis.com
To search on the site stockprognosis.com enter the name of the ticker, company name, or search phrase
Sections of the site



QuantWave Successfully Achieves 13.72% Profit Target for BANK OF AMERICA CORPORATION

November 06, 2024
QuantWave, a leading automated forecasting platform, has hit a major milestone with its recent prediction for BANK OF AMERICA CORPORATION. The forecast signal was initiated on October 8, 2024, with a price of 39.46 $. The predicted direction was long, and on November 6, 2024, the target price of 44.88 $ was reached, resulting in a profit of 13.72%.

This achievement underscores the accuracy and effectiveness of QuantWave's analytics in providing valuable insights for investors. The successful forecast for BANK OF AMERICA CORPORATION reflects the platform's ability to identify potential market movements and capitalize on profitable opportunities.

Factors contributing to the stock's movement may include positive earnings reports, favorable economic conditions, and overall market sentiment towards the financial sector. As one of the largest banks in the United States, BANK OF AMERICA CORPORATION's performance is closely watched by investors and analysts alike.

QuantWave's success in reaching the price target for BANK OF AMERICA CORPORATION highlights the platform's capabilities in generating accurate forecasts for a wide range of stocks. Users can leverage QuantWave's predictions to make informed investment decisions and potentially achieve significant profits in the market.

For investors looking to enhance their understanding of QuantWave's investment strategy, QuantSchool offers comprehensive educational resources. QuantSchool provides key principles for utilizing the QuantWave forecasting system to generate consistent income and maximize potential returns in the stock market.
If you want to leave a comment, then you need Login or Register





Other data for BAC

Related data

BACJuly 16, 2025Bank of America Corporation NYSE:BAC Shares Acquired by Whelan Financial  ~1 min.

Whelan Financial recently acquired a significant stake in Bank of America Corporation, making a strategic move in the financial sector....


BACJuly 2, 2025Forecast Success: Bank of America Stock Hits Price Target with 32.68% Profit  ~1 min.

Bank of America Corporation's stock achieved a significant milestone as it reached the price target forecasted by QuantWave on July 2, 2025....


BACJuly 1, 2025BANK OF AMERICA CORPORATION Hits Price Target Forecast with 16.32% Profit  ~2 min.

On July 23, 2024, QuantWave generated a long signal for BANK OF AMERICA CORPORATION when the stock was trading at 41.4 $. Fast forward to July 1, 2025, and the predicted target of 48....


BACMarch 20, 2025Bank of America Corporation BAC Shows Promising Potential for Investors  ~2 min.

Bank of America Corporation (BAC) has been gaining significant attention from investors due to its strong performance and attractive dividends....


BACMarch 19, 2025Bank of America Corporation BAC Reports Strong Performance in Diverse Markets  ~2 min.

Bank of America Corporation (BAC) has recently attracted significant attention from investors due to its impressive performance in various markets....


BACMarch 17, 2025Bank of America Corporation BAC Reports Strong Quarter, Attracting Investor Attention  ~1 min.

Bank of America Corporation BAC recently released its quarterly earnings report, which has caught the attention of investors. The company reported a strong performance, exceeding market expectations....


BACMarch 15, 2025Bank of America Sees Diverse Sources of Strength, Says Yahoo Finance  ~1 min.

Bank of America Corporation (BAC) has reported a strong performance, benefiting from various sources of strength, according to a report by Yahoo Finance....


BACMarch 14, 2025Bank of America Corporation BAC Shows Strong Performance Amid Diverse Revenue Streams  ~2 min.

Bank of America Corporation (BAC), one of the leading financial institutions in the world, showcased its resilience with a strong performance driven by its diverse sources of strength....


BACMarch 10, 2025QuantWave Hits the Mark with Bank of America Forecast, Profiting 11.24%  ~1 min.

QuantWave, the automated forecasting platform, successfully predicted a short position for BANK OF AMERICA CORPORATION on November 6, 2024. The stock was priced at $44....


BACFebruary 28, 2025Bank of America Corporation BAC Continues to Break Records with Digital Interactions and Stock Performance  ~2 min.

Bank of America Corporation, commonly known as BAC, has emerged as a frontrunner in the banking industry....


SCHWJuly 28, 2025QuantWave Successfully Predicts 20.55% Profit Target for The Charles Schwab Corporation  ~1 min.

QuantWave, a leading automated forecasting platform, has achieved a remarkable milestone with its accurate prediction of a 20.55% profit target for The Charles Schwab Corporation....


BACDecember 14, 2023QuantWave Achieves 11.17% Profit Target Forecast for Bank of America Corporation Stock  ~2 min.

QuantWave, the automated forecasting platform, successfully hit its price target forecast for Bank of America Corporation stock, resulting in a profit of 11.17%....


EMRNovember 25, 2024EMERSON ELECTRIC CO. achieves QuantWave forecast target with 18.82% profit  ~1 min.

EMERSON ELECTRIC CO. has successfully reached the price target forecasted by QuantWave on 2024-04-02, signaling a long position at $110.77 with the target hit on 2024-11-25 at $131.61....


NIFebruary 13, 2025QuantWave Achieves 19.97% Profit Target Forecast for NiSource Inc.  ~1 min.

On September 10, 2024, QuantWave, the automated forecasting platform, issued a long signal for NiSource Inc. with a price of $32.77. Today, on February 13, 2025, the target was successfully reached at $39....


WMTFebruary 20, 2024WALMART INC. Hits QuantWave Price Target, Generating 11.2% Profit  ~1 min.

QuantWave, the automated forecasting platform, successfully predicted a long position for WALMART INC. on July 24, 2023, when the stock was trading at 51.82 $....