The Federal Reserve may give some banks the green light to increase shareholder payouts.
Fundamental gains, a bullish chart and support from Warren Buffett suggest that things are finally lining up for the bank.
The sector's bullish momentum will be awfully hard to stop.
The company's profits are down 30% in 2011, and the market-lagging performance seems to persist.
Some of the stocks that received the most short interest last year have posted strong gains in 2012.
After Wednesday's drop, the stock rebounds to make a small afternoon gain.
| Tags: | AAPLBACKim Peterson |
Safeway is upgraded to 'outperform,' while Bank of America is downgraded to 'market perform.'
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