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)

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 (...

Buying These Names Now

* And covering small in individual shorts  DJIA, Nasdaq and S&P, down -900 -350 and -100, respectively. My reaction? I am buying more , , , , , and in the last 30 minutes. I have covered small in (still medium-sized), (from large-sized to medium-siz...

Jim Cramer: How to Play the Inevitable Stimulus

Jim Cramer: How to Play the Inevitable Stimulus

Go with the banks. They are cheap and we learned this week with that big move up in rates, they will too.

Jim Cramer: Meet the Magnificent Seven

Jim Cramer: Meet the Magnificent Seven

It might be like cold water in the face to think that earnings don't matter. But these stocks have detached themselves from all metrics.

Jim Cramer: Work-From-Home Stocks Have Room to Run

Jim Cramer: Work-From-Home Stocks Have Room to Run

As long as the pandemic rages on, the stay-at-home thesis should stay strong.

Jim Cramer: Hey Washington, Have a Heart for the Millions in the 'Fourth Lane'

Jim Cramer: Hey Washington, Have a Heart for the Millions in the 'Fourth Lane'

Right now our policy on new stimulus is defaulting to 'to heck with the fourth lane' and all who ride on it. That's a crying shame.

Moved Back to Market Neutral

Here are today's trades:  * I have added to my ($43.83),  ($24.02), and ($24.34) longs on this morning's weakness. * I have added to my ($351.40) and ($295.95) shorts on the early ramp.  As a result of these trades, I have moved to Market Neutral.  ...

Covid Drug Candidates, Buy Eli Lilly? Large Cap Stocks, Tesla Debt Upgrade

Covid Drug Candidates, Buy Eli Lilly? Large Cap Stocks, Tesla Debt Upgrade

Covid itself, and therapeutics or vaccines associated with taking on the SARS-CoV-2 coronavirus, is under a public microscope.

Knife Catching Is a Dangerous Game

Knife Catching Is a Dangerous Game

Trying to grab a bargain while a stock is falling is fraught with risk; better to wait until a true bottom has formed before buying.

A Heightened Regime of Volatility Appears Upon Us

* Fasten your seatbelts as today is another day, Scarlett! Thursday's session was wild and volatile.  Last evening was equally volatile - with S&P futures up as much as 20 handles and were down by -23 handles (at 7:05 am).  The S&P is at approximate...

Stay Cool -- and Prep for Investment Opportunities

* This is not your father's market -- as old rules don't apply   If your trading and investment decisions are based solely on price action (and charts) you should stop reading this column!   Since two Wednesdays ago, I have been looking for a series...

Buy Entry Levels for Banks

Based in part because of the greater confidence I now have in the pivot from growth to value, I am raising my buy entry levels in the four banks I currently own.  Buy Levels Was   Now        $48 $50   $26 $27.50   $95 $100 $25 $26.50

Not a Trade, An Investment!

I just purchased , and for my personal pension plan. In size.

Time For Second Level Thinking?

* I believe so! * More evidence of a possible pivot from growth to value was seen today * I believe that pivot will continue (e.g.,banks should be the beneficiary of that pivot)   First Level Thinking: "The Fed will remain loose for years to come. T...

What Happens If the Market Falters From Here?

What Happens If the Market Falters From Here?

We haven't broken any uptrend levels from the March lows and the S&P is left undecided between the 21-day and 50-day moving averages.

Long Adds: 1, 2, 3

In terms of my recent individual long additions in the last two weeks - here they are in order of size:  #1 General Motors  - and put on Best Ideas List, long #2 Wells Fargo  - the shares have weathered well Berkshire's selling #3 Bank of America - ...

Adding to 3 Stocks

I just added to , , and ( in a new account).  

New Buy (and Short) Levels

* My revised levels I don't want there to be any ambiguity about the size of my positions or about my buy and short levels as I strive for as much transparency as possible. "When the time comes to buy, you won't want to." -- Walter Deemer "When the ...

Adding to 2 Banks

I added to Bank of America at $25.67 and Wells Fargo at $24.10.  

You Still Can't Hold a Candle to Buffett

You Still Can't Hold a Candle to Buffett

But despite my great respect for the Oracle and BRK's strong chance of a come back from 2020's setbacks, I never owned Berkshire stock. Here's why.

From The Street of Dreams

Deutsche Bank upgraded Bank of America and JPMorgan this morning to buy.