Bank of America Corp (BAC), Wells Fargo & Co (WFC) and Nine Must See Announcements for Bank Investors Next Week

Friday

Consumer Sentiment: More specifically geared toward consumer spending, this report from the University of Michigan will give bank investors a taste of how people plan to spend their money. Since increased spending would be a win for the banks and other financials, look for an increase in the survey.

Fool on!
With earnings reports for most of the banks behind us, it’s important to keep tabs on what may effect the banks next. And while a Foolish investor knows that no single news blip will have all the information needed to assess a stock, too much information can muddle a decision just as easily. As we move through the week, be sure to pick and choose which data points best help or hurt your stock picks. And as always, you can learn more by logging on to Fool.com.

If you think Bank of America Corp (NYSE:BAC)’s stock moved as much as it could when it doubled in 2012, think again. Though it still has significant challenges still ahead, the results of the stress tests could be the catalyst for Bank of America’s stock resurgence. It’s critical to have a solid understanding of this megabank before adding it to your portfolio, regardless of the stress-test results.

The article 9 Must-Watch Announcements for Bank Investors Next Week originally appeared on Fool.com and is written by Jessica Alling.

Fool contributor Jessica Alling has no position in any stocks mentioned — you can contact her here. The Motley Fool recommends Wells Fargo. The Motley Fool owns shares of Bank of America Corp (NYSE:BAC) and Wells Fargo & Co (NYSE:WFC).

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