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

2017-09-12

Opinion for Bank of America (BAC-N)

Signal Price Bias Subject Owned
COMMENT $23.950 BEARISH on CANADIAN MARKET US EQUITIES Unknown

He likes this because it is a domestically focused franchise, good at what they do, and great capital levels. Regulations are taking a softer tone now which helps. Where you have to be cautious on this is the yield curve. Right now, if you look at the spread between the 10 year and the 3-month Treasury yields, it gives you a reasonable proxy for a net interest margin improvement or shrinkage, and this is ultimately going to be a little tough for this company. However, he doesn’t see a lot else to worry about.

Cameron Hurst
Chief Investment Officer, Equium Capital Management

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