Bank of America Corp. (BAC)

22.66
NYSE : Finance
Prev Close 22.90
Day Low/High 22.46 / 22.95
52 Wk Low/High 17.95 / 35.72
Avg Volume 93.24M
Exchange NYSE
Shares Outstanding 8.68B
Market Cap 198.67B
EPS 2.80
P/E Ratio 9.35
Div & Yield 0.72 (3.01%)
Goldman Sachs Shares Are Cheap for a Number of Reasons

Goldman Sachs Shares Are Cheap for a Number of Reasons

It is likely time to build a long position in GS, but only on my terms.

Goldman's Marcus Platform, Apple Partnership, Set the Stock Apart

Goldman's Marcus Platform, Apple Partnership, Set the Stock Apart

Goldman's consumer-focused fin-tech effort is a key theme to watch in 2019.

At the Bandstand

Here are today's key observations: * Bonds continued to rise in price and sell off in yield. The 10-year U.S. note yield dropped by another five basis points and is now slightly below 2.40%. My long standing and contrarian target of 2.25% is close a...

Warren Buffett, Book Value and How to Value Berkshire Hathaway

Warren Buffett, Book Value and How to Value Berkshire Hathaway

Does Berkshire Hathaway still offer value for investors?

FOMC

The Fed is now caught in its own policy - hooked by the drug of cheap money.  The yield on the 10 year U.S. note is under 2.54%. The dovish Fed policy announcement will likely help, over the near term, growth names ( , and ) and hurt rate sensitive ...

Jim Cramer: The Ultimate Case for the Leap of Taste Not Faith

Jim Cramer: The Ultimate Case for the Leap of Taste Not Faith

I think sometimes the best way to parse the temperament is to go over the most obviously 'wrong' moves and address why they might not be wrong at all.

Hong Kong Stock Watchdog Slaps 4 Major Banks for Shoddy Work

Hong Kong Stock Watchdog Slaps 4 Major Banks for Shoddy Work

Hong Kong's securities regulator has fined Morgan Stanley, Merrill Lynch, UBS and Standard Chartered for lack of fact checking and due diligence in preparing stock offerings for now-liquidated China Forestry and still-suspended Tianhe Chemicals.

Buy Levels

Here are some of my individual buy levels of stocks that I want to add to or reestablish on weakness: * $157.50 * $1625 * $1150 * $42 * $55 * $46 * $46.50 * $182.50 * $31 * $40 * $23 * $65 * $16.75 * $35 * $27.75 * $60 * $95 * $48 * $87.50 Note: Lon...

Look North for Income and Yield With This Attractive Bank Stock

Look North for Income and Yield With This Attractive Bank Stock

A number of Canadian bank stocks have lower valuations and higher dividend yields than their U.S.-based peers.

Kass: Will Kraft Heinz Be an Investment Call to Arms by Warren Buffett?

Kass: Will Kraft Heinz Be an Investment Call to Arms by Warren Buffett?

Buffett 'knows' Kraft Heinz well (he'd been on the Board for several years) and is capable of making a quick decision.

Will Berkshire Hathaway Buy More or All of Kraft Heinz?

*It's a non trivial possibility! Overnight I reflected upon the abysmal news at Kraft Heinz : * SEC accounting probe * EPS miss (based principally on rising costs as top line growth was, more or less, in line) * Lower profit guidance (see above, cou...

New York's Epic Amazon Failure; Buffett's 13-F; Traders Play It Safe Into Close

New York's Epic Amazon Failure; Buffett's 13-F; Traders Play It Safe Into Close

Why does it always make me feel uncomfortable when my plan diverges from Warren Buffett's?

Jim Cramer: SunTrust-BB&T Merger Is About Digital Defense and Offense

Jim Cramer: SunTrust-BB&T Merger Is About Digital Defense and Offense

Analysts need to recognize this shift in the banking markets.

Who's Next in Banking? Probably No One!

* The bank merger of BB&T and SunTrust is a one-off and is a very modest negative for the existing and large money-center banks BB&T and SunTrust Banks have announced a $66 billion merger of equals intended to create the country's sixth-largest bank...

Updating My Tax Loss Selling Rebound Exercise for These 12 Stocks

Updating My Tax Loss Selling Rebound Exercise for These 12 Stocks

So far nine are in positive territory, and are up an average of just over 11%.

The Top 10 DRIPs for 2019

The Top 10 DRIPs for 2019

Dividend reinvestment plans (DRIPs) are compound interest to the extreme. Here are an expert's top-10 DRIP stocks for 2019.

Today's Trades

Covered and then reshorted Added to my , and shorts (moved to medium-sized from neutral) Bought some SPY puts (maturing at the close) Bought small Sold some (after the run from the low $40s -moved from medium to small) I was a bit over my skiis long...

Liking This Action

I really like the pin action in a number of my core longs: , , , , (as expected off of the strength), , , , and . and , not so much! Note: Long GS (large), BAC (large), C (large), WFC (large), JPM (large), DWDP (large), HIG (large), CBS, M (small), ...

Jim Cramer: The Weakness in China Improves the Chance of a Trade Deal

Jim Cramer: The Weakness in China Improves the Chance of a Trade Deal

Global economic weakness just adds to the pressure, here is what the Chinese should do.

Da Banks

The banks are strong today after, for the most part, struggling through a mixed week. Bank of America  I feel had the most impressive earnings. Citigroup  perhaps the least impressive. Don't forget that Citi has more foreign exposure than BAC, and i...

Real Money Report Card: Big Week for Bank Earnings

Real Money Report Card: Big Week for Bank Earnings

Banks' quarterly reports mean quarterly grades are due.

Earnings, the Fed, Government Shutdown,Trading Microsoft: Market Recon

Earnings, the Fed, Government Shutdown,Trading Microsoft: Market Recon

This shutdown is starting to feel different from those that we have experienced in the past, is it not?

It Would Be Healthy for This Market to Have Some Downside Action Now

It Would Be Healthy for This Market to Have Some Downside Action Now

It would appease some bears, allow some profit-taking and help to make sure there is some good support.

Jim Cramer: The Banks Are Leading This Market Out of the Abyss

Jim Cramer: The Banks Are Leading This Market Out of the Abyss

Investors are starting to realize that these banks are making the most money they ever have and are doing so with less risk.

The Secret to Timing Market Turns

The Secret to Timing Market Turns

It is far safer to arrive fashionably late at the party rather than to show up too early.

UK Finds Breaking Up Is Hard to Do: Market Recon

UK Finds Breaking Up Is Hard to Do: Market Recon

As uncertainty increases, expect greater demand for safe haven assets.

Break In -- Bank of America Beat

Break in. Bank of America has a big beat on the bottom and top lines. Stated simply, BankAmerica out Citigroup's Citigroup !

Real Money Video Wrap: Citi Surges as View of Stability Saves Sentiment

Real Money Video Wrap: Citi Surges as View of Stability Saves Sentiment

Citi overcame a mixed print to send its stock surging on Monday.

Chart of the Day: Citi's Stabilization Comments Buoy Banking Sector Sentiment

Chart of the Day: Citi's Stabilization Comments Buoy Banking Sector Sentiment

If one is betting on a sustained surge from Citi, bigger banks could be bullish bets.

Surveying the Investment Landscape

We have several standout investment positions today. , a Piper upgrade this morning, is my favorite speculative stock for 2019. I have been steadily adding to this name on weakness (see past posts). The shares were placed on my Best Ideas List on Ja...