Daily Wrap: 11/12/12

Stocks gained modestly on bargain hunting following last week's post election slide. One of those apparent bargains was BB&T (BBT), which was upgraded by Bank of America/Merrill Lynch. The analyst said a 15% pullback in the stock provided an attractive purchase opportunity. BB&T shares closed up over half a percent. All three major stock averages were up just fractionally at the bell.