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BACBank of America Corp$51.02
24h
+1.01%
28 Jul, 05:03
US bank hitting new highs as perpetual stock
Bullish-17.88%
AI Summary
The author expresses a bullish view on banks as perpetual stocks that grow with GDP and inflation, highlighting US banks like Morgan Stanley and Bank of America hitting new highs while questioning how many A-share companies can match this perpetual operation quality.
I like banks. I also shared my views on banks on the subscription platform: 'Buy perpetual stocks.' Banks grow in sync with GDP plus inflation (which has been deflation in recent years); any stock price increase is just a bonus. Even if the stock price doesn't rise, the dividends are still decent. US bank stocks have recently been hitting new highs. Morgan Stanley, Bank of America, and US insurance stocks are largely at record highs. The key is perpetual operation; how many A-share companies can match this?