Bank of America Corp (BAC)

33.86
NYSE
Prev Close 34.45
Day Low/High 32.96 / 34.98
52 Wk Low/High 34.25 / 50.11
Exchange NYSE
Shares Outstanding 8056.88B
Market Cap 277.56B
P/E Ratio 16.87
Div & Yield N.A. (N.A)

Bank of America Upgraded to Buy at UBS

Real Money Goes Behind the Scenes of the Budding Cannabis Industry

Real Money Goes Behind the Scenes of the Budding Cannabis Industry

In the interest of due diligence, we went and took a close look at the ground floor of the newest investment craze.

5 Big Gainers Today

There have been some remarkable percentage gains from this morning's lows. Some examples: +6%, +4%, +8%, +5%, +6%, etc.

Adding to These 3 Stocks

In addition to taking a trading long rental in  , I have added to $51, $54 and $24.10 in the early going.

Adding to 4 Longs at the Outset

I have added to these longs at the opening: Bank of America , Goldman Sachs , Citigroup and the aforementioned CBS .

Here's How to Panic in a Very Smart Way

Here's How to Panic in a Very Smart Way

The smart way to panic is to remove any trace of financial systemic risk from your portfolio.

Stocks in My Pension Plan

Here is a list of stocks I own in my pension plan:  ,   ,   ,   ,   ,   ,   ,   ,   ,  .

I Am Personally Buying Stocks Now

For about two years my personal pension plan has been entirely in short term Treasuries. This morning I abandoned that strategy and I have taken positions (on the opening) in the following stocks: , , , , and . I have no current intention of trading...

Long Exposure Expanding

I am expanding my long exposure this morning - adding to , and .

Here Are My Top Guiding Investment Themes for 2019

Here Are My Top Guiding Investment Themes for 2019

Here are my predictions for the S&P 500, bank stocks, the Federal Reserve's move on interest rates and much more in the coming year.

Added to My Financials

I have added further to my trading layer (on top of investment position) in financials this morning. ( , and ) I will have more on financials on Monday - in a more lengthy analysis. I will be at a Board of Governors meeting at my golf club from 12-2...

My Favorites

My three favorite tech stocks for the near and intermediate term remain , and (my Trade of the Week). My two favorite industrial stocks are and . My favorite financial stock is . My favorite ETF is . My favorite takeover speculations are SQ, TWTR an...

Here's Why Bank Stocks Are Sinking Today

Here's Why Bank Stocks Are Sinking Today

Wake up and smell what the Fed is cooking and lower the amount of your portfolio allocated to stocks.

Jim Cramer: Making Sense of the Awkward Situation the Fed and Markets Are In Now

Jim Cramer: Making Sense of the Awkward Situation the Fed and Markets Are In Now

Here's the context you need to be a little more clear-headed and a little less scared than you are.

Establishing Longs

I just established the following longs (in a new managed account): Square $64.96, Goldman Sachs $185.57, Wells Fargo $52.29, Citigroup $62.52, and Bank of America $27.19.

Kass: I View Deutsche Bank as the Next Black Swan in Europe

Kass: I View Deutsche Bank as the Next Black Swan in Europe

DB's shares hit another new low overnight.

Deutsche Bank's Woes are a Positive for U.S. Money Center Bank Stocks

* Large U.S. banks are rapidly gaining share in fixed income trading and retail and corporate lending Deutsche Bank's shares have hit another new low overnight. As I have written in the past, I view as the next Black Swan in Europe: "Like Sears , De...

Jim Cramer: Crack Down Now on Non-Bank Lending

Jim Cramer: Crack Down Now on Non-Bank Lending

It's time for Fed Chair Powell to put his regulatory hat on and stop this nonsense with firm enforcement.

A Look Back on My Trading Week

Of the trading long rentals I took in the market's schmeissing earlier in the week, only a small position in Cisco remains. I expect to continue to hold the add-ons in Twitter , Citigroup , Bank of America , JPMorgan Chase and Wells Fargo . (These a...

Warren Buffett Gives Bank Stocks His Imprimatur

As mentioned on Wednesday, despite already sizable holdings, Warren Buffett's Berkshire Hathaway purchased nearly $14 billion of financial services equities in the most recent quarter: * Bank of America (198 million shares, $5.7 billion) * JPMorgan ...

Brexit Blues and Fed Follies: Market Recon

Brexit Blues and Fed Follies: Market Recon

Investors still fear missing out on a significant year-end rally, despite earnings that appear to be at peak levels and an economy that appears to have reached peak growth.

The Oracle of Omaha Buys JPMorgan

* And puts his imprimatur on the U.S. money center bank stocks "One last thing." -- Lt. Columbo After the close, Berkshire Hathaway announced a new investment position in JPMorgan Chase . Normally I would view this as a non-event but I see this as r...

I Am Poised to Move Back to a Large Short Position

As the market broke down late last month I penned a column, "A Contrarian's Thoughts" (while I unemotionally took on a number of trading long rentals based on the expectation of a possible rally in the S&P Index towards 2800-2850):  "The pessimism i...

A Shopping List of Possible Buys

I am not making a long purchase today.  But if you don't share my ursine market view I would consider the following at current prices: , , all banks ( , , and ), retail ( and ), and .

Market Observations

* Trading unemotionally and opportunistically I aggressively bought into the very large sell program at about 3-3:30 p.m. All I can write is that it was a wild day with possibly one of the largest intraday moves I have ever seen.   These sort of spa...

Whither Bank Stocks?

* I am aggressively using the current weakness in bank stocks to expand my long investment positions * In a fairly valued market, banks represent uncommon value * Bank stocks may be among the best long hedge (I know of) as viewed and measured agains...

Bank Buys Today

My largest buys today were in Bank of America , Citigroup , JPMorgan and Wells Fargo .

Jim Cramer: The Move Out of Regional Banks Is Fed-Fueled

Jim Cramer: The Move Out of Regional Banks Is Fed-Fueled

The shift from regional to national banks is stark.

BankAmerica Third Quarter Review

Let's continue to briefly review the banking industry's third quarter results - its BAC's turn. BankAmerica reported a beat to consensus - coming in at $0.66/share with upside to revenue growth to consumer banking, better credit and improved operati...