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Compiling comments that experts make about stocks while on public TV.

2017-09-11

Opinion for Bank of America (BAC-N)

Signal Price Bias Subject Owned
TOP PICK $23.360 UNKNOWN GLOBAL Yes

The payout ratio is only about 16% for the fiscal year of 2016. If you look back pre-crisis, the payout ratio is about 45%. If it were to revert back to this ratio, the dividend could triple from here. Under the Trump regime, we definitely have less regulatory glare on the banks. There may be even a possibility of a roll back of portions of the very punitive regulations. Dividend yield of 2.1%. (Analysts’ price target is $27.)

Darren Sissons
Vice President and Partner, Campbell Lee & Ross

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