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Home value has a slightly different meaning if you ask a homeowner, appraiser or tax assessor. But in most cases, home value means the amount for which a house would likely sell, otherwise known.
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Bank of America’s 2018 CCAR. While BAC is still viewed as a value name by many investors, we note that it trades at the second-highest P/E among the big-6 US banks. Source: Bloomberg, Renaissance.
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