Hedge Funds Are Buying These 4 Blue-Chip Dividend Bank Stocks Hand-Over-Fist
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Hedge funds are heavily investing in blue-chip dividend bank stocks, particularly large-cap financials that have underperformed recently. These banks also have strong brokerage units, making them attractive to investors seeking quality banking stocks.
November 14, 2024 | 1:30 pm
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Bank of America (BAC) is among the blue-chip dividend bank stocks that hedge funds are buying heavily. Despite recent underperformance, its strong brokerage unit makes it an attractive investment.
Bank of America is highlighted as a blue-chip dividend stock that hedge funds are purchasing. Its strong brokerage unit and recent underperformance make it a potential value play, likely leading to positive short-term price movement.
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