Bank of America Corp (BAC)

34.71
NYSE
Prev Close 35.93
Day Low/High 34.68 / 36.03
52 Wk Low/High 17.95 / 37.03
Exchange NYSE
Shares Outstanding 8633.19B
Market Cap 310.19B
P/E Ratio 16.87
Div & Yield N.A. (N.A)

Latest News

TikTok Competitor Kuaishou Sees Shares Triple in Debut

TikTok Competitor Kuaishou Sees Shares Triple in Debut

With its listing in Hong Kong, Kuaishou Technology has beaten short-video competitor ByteDance to the punch in selling shares to a demanding public

Chinese Conglomerate HNA Group Slumps Into Bankruptcy

Chinese Conglomerate HNA Group Slumps Into Bankruptcy

The parent of Hainan Airlines is looking to restructure its debts and shed non-core subsidiaries after coming under government control.

Kass: In the Age of Robinhood, Here's My Trading Strategy

Kass: In the Age of Robinhood, Here's My Trading Strategy

Many have been incorrectly dismissive of the broader investment ramifications of the recent and wanton speculation in gewgaws of all shapes.

My Strategy in the Age of Robinhood

* Many have been (incorrectly) dismissive of the broader investment ramifications of the recent and wanton speculation in gewgaws of all shapes * I have been shorting rips and buying dips in a heightened regime of volatility * Color me bearish * I s...

A Summary of This Afternoon's Trading

"Just one more thing." - Lt. Columbo   I have my hands full with quite a lot of business projects I am working on (including a new hedge fund).   I was actively trading -- before and after leaving my office this afternoon -- and I want to alert you ...

Jim Cramer: I Pick the Bulls

Jim Cramer: I Pick the Bulls

My trading strategy? Figure out who is the favorite and calculate the 'line.' Here's how that works out today.

Netflix Charts Have Weakened Over the Past 6 Months

Netflix Charts Have Weakened Over the Past 6 Months

The Point and Figure chart is projecting a move lower.

The Easy Money Has Been Made in Banks

* The setup into the current reporting period is poor * With bank stocks elevated, in-line to slightly lower reports, relative to consensus expectations, could modestly disappoint traders and investors - particularly if my market concerns pan out * ...

My Message Is Simple: Sell Stocks Now  

* I find a record low number of stocks that meet my standards for purchase today * Book mark this missive! * Stated simply...   "You're betraying your whole life if you don't say what you think - and you don't say it honestly and bluntly." - Charles...

With Changes Coming to Washington, Here Are 2 Actionable Ideas

With Changes Coming to Washington, Here Are 2 Actionable Ideas

I would like to add a bank - BAC - and have always liked United Rentals.

Small Sales

I am making small sales in , , and now as the magnitude of the spike higher this morning seems a bit extreme.  The banks are as close to "forever" holdings for me and I am planning to keep them medium-sized - albeit less than I started the day with!...

Markets React to Georgia Elections, Banks and Industrials to Gain, Oil Reduced

Markets React to Georgia Elections, Banks and Industrials to Gain, Oil Reduced

I will have to give some of my favorite tech names a haircut in the name of balance. Hopefully everyone gained some exposure to gold.

From the Street of Dreams (Parts 1 and 2)

Exane BNP Paribas downgrades Tesla to underperform and lowers its price target to $340.  " Tesla no longer has the benefit of operating in a "vacuum of competition... With possible competition from Waymo, Didi, Baidu and even Apple , "we would not w...

Out of XLF!

I have eliminated my long (bank/financial ETF) today in keeping with what I wrote 12 days ago:  Dec 18, 2020 ' 06:09 PM EST DOUG KASS Taking Off Some From Bank Holdings in the After Hours * The share repurchase news may mark a near-term top in the b...

Kass: Here Are My 15 Surprises for 2021

Kass: Here Are My 15 Surprises for 2021

2021 could be a year in which the S&P Index shows little movement in the first half, but market pressures might mount over the last six months.

My 15 Surprises for 2021

* In 2020 (despite broad February-March weakness) equities rose faster, valuations expanded far greater, and interest rates fell sharper than the consensus expected * 2021 could be a year in which the S&P Index shows little movement in the first hal...

Why Now, Doug?

"Ch-ch-changes Ooh, look out, you rock 'n' rollers Ch-ch-ch-ch-changes Turn and face the strange Ch-ch-changes Pretty soon now you're gonna get older Time may change me But I can't trace time I said that time may change me But I can't trace time" - ...

Is Bank of America Finally Ready to Break Out?

Is Bank of America Finally Ready to Break Out?

We have just the recipe for the banks to continue their upside move.

Recommended Reading

From Whitney Tilson's "Daily":  For the last couple of months, my friend Doug Kass of Seabreeze Partners and I have been pounding the table on bank stocks, which have been ripping higher lately... They did so again yesterday after this news broke on...

The Fed, Banks, and How I'm Trading JP Morgan

The Fed, Banks, and How I'm Trading JP Morgan

Beyond JPM, here are the banks I have my eye on.

Taking Off Some From Bank Holdings in the After Hours

* The share repurchase news may mark a near-term top in the banking sector For the first time in almost a year, I am scaling back some of my bank stock holdings now -- in after-hours trading.   Though a bit unexpected (from the standpoint of timing)...

Bank of America Could See an Upside Breakout Early Next Year

Bank of America Could See an Upside Breakout Early Next Year

Let's review the charts on BAC.

I Remain Bearish in Market Outlook

Though market breadth is still 2-1 (positive) I see developing pockets of concern and weakness. Most conspicuously, growthy FAANG has already reversed and the Nasdaq is well off the morning high. Tesla is even down on the day! Though banks remain up...

Let's Run This Bank of America Trade Up the Flagpole

Let's Run This Bank of America Trade Up the Flagpole

Traders have been buying calls in BAC left and right.

How Momentum Beats Market Timing in Trading

How Momentum Beats Market Timing in Trading

Timing can be a fruitful exercise, but it is more useful as an investment tool, rather than a trading tool.

Let's Go 'BAC' to the Banks

Let's Go 'BAC' to the Banks

Here we'll look at Bank of America's December calls.

A Prudent Time to Bet on Big Banks?

A Prudent Time to Bet on Big Banks?

A value investor reviews six big Wall Street banks following their recent strong earnings reports.

Trades

I was active trading yesterday:  * I took a long rental. * I added to , , , , , , , and longs. * I covered small (still medium-sized), (from large-sized to medium-sized), (still medium-sized) and (still medium-sized) shorts. __________  Long GOOGL (...