Bank of America (BAC) Buy, Sell or Hold

Home

Daily Stock Opinions and Ratings

Bank of America (BAC)

61.95

+0.22 (0.36%)

as of Jul 31, 2026, 8:00:00 pm Market Open.

708 watching

Investor Insights

Aug 1, 2026, 12:00 am

This summary was created by AI, based on 23 opinions in the last 12 months.

Bank of America (BAC) is perceived as a solid and stable player in the banking sector, particularly amidst a climate of deregulation and economic growth. Experts highlight its strong recent earnings, with notable profit increases and favorable guidance, indicating continued potential for growth. Comparatively, BAC is often seen as a close alternative to JPMorgan Chase (JPM), though it falls short of becoming a frontrunner in the sector. The bank's exposure to low-risk sectors, such as credit cards and retail banking, is viewed positively, enhancing its net interest margin prospects. However, some experts note that while BAC might not be the best option currently, it remains a core holding in the U.S. banking framework, with an emphasis on patience and market timing for entry points.

Consensus

Positive

Valuation

Fair Value

Similar

Citi, C

COMMENT

US Lifeco vs Financials PRU-N is at risk to interest rates on their premiums collected as he thinks yields will remain neutral. He is not keen on BAC-N either at this point for the same views of the yield curve. Things can't get any better for each right now -- a no man's land right now. He sees a bit better bid for Lifecos, but mostly from a defensive position. There are more compelling areas than these two spaces.

PAST TOP PICK

(A Top Pick Apr 25/18, Up 1%) He sold some shares last December, and now is waiting-and-seeing. This and Citibank bought a lot of stock back recently. $32.26 is his current target price. If the Democrats take the White House in 2020, he'd sell all financials.

DON'T BUY

BAC vs. WFC He sold WFC after briefly owning it, after hearing of its corporate malfeasance. Since, then, WF stock price has treaded water. The US Fed did an about-face by saying they will keep rates flat. So, he pared down his US bank holdings including BAC.

HOLD

He owns more American banks than Canadian. He likes the longer term outlook for the space. Longer term BAC will continue higher.

SELL

If not BAC, what else? He has rolled over into ETFs instead of hard recommendations on an individual stock. He would recommend taking profits on BAC-N.

BUY

The Fed will either pause or even cut interest rates. The trading range of the past year will likely break-out. His taret is $36. He likes this chart. Long-term BAC will do well.

PAST TOP PICK

(A Top Pick Apr 26/18, Down 2%) Still likes it. Trades at 10x earnings, a little above book value. Pays a 2.2% dividend. They can buyback their shares and increase their dividend at a 21% payout ratio that they can easily take to 40%. They rank 1, 2 or 3 in the industries they work in like investment banking and credit cards. They have a great opportunity to grow businesses as their book value grows rapidly. BAC can--and has--endure a period of flat yield curve.

COMMENT

US banks have done better than Canadian ones, but is starting to falter because interest rates won't rise anymore. Canadian banks haven't suffered a real estate bear market as in America--and it may happen, as an American short-seller is touting. However, the Canadian banks are an oligopoly and protected by that. He prefers Canadian banks at this time in the market.

BUY

BAC vs. C. Citigroup has never fully dealt with financial crisis issues. He'd prefer BAC. It's in a much better position on the retail side. He owns Goldman and Morgan Stanley. Whole sector is cheap because of interest rates and yield curve. Please don't buy stocks with only a 6-12 month time horizon. Mortgages are an issue, housing prices, if the economy softens. Extremely well run, decent margins. (Analysts’ price target is $33.00)

BUY

He likes it. It's raised its dividends. Investors are worried about consumer debt in the U.S., but debt service capacity is there, so he's not worried.

PAST TOP PICK

(A Top Pick Mar 14/18, Down 11%) The banks have not performed as well over the last year as he thought they would. Since the lows of Christmas eve, they are doing very well, but he is now cooler on the banks (see market comment at beginning of show). He is not as enthusiastic about banks as he was. He would prefer C-N if he was buying a bank.

SELL

His advice is to take your profits now. He is negative on this sector. The banks started breaking down in late 2018. If you want to play the financials, he would go to India, such as Fairfax India and avoid the US.

HOLD

Q3 last year they made $7.2 billion. Q4 last year they made $7.3 billion. EPS is $2 and the dividend is $0.60. There is a lot of room there. He is holding as he thinks that it is more likely to see higher interest rates from here than lower interest rates. (Analysts’ price target is $33.09)

BUY

Still constructive on the name. A top pick at $12 a few years ago. They have done a great job at tightening risk controls and cost reductions. Last quarter they beat estimates. Credit quality still fine. They model EPS growth of 11% 2018-2020 and trading at 9 times 2020. Good value here.

TOP PICK

Synthetic long Buy a January 2021 $30 call option to January 2021 (costing $3.60 today). Pay for this by selling a $30 put, so you're obligated to buy BAC at $30. If BAC goes above $30, then the call option is worth something and the put will expire. If below $30, the call will expire and the put will be exercised. He can take 50 cents into his pocket immediately. He has no cash outlay. He'd get dollar-for-dollar performance on the stock between now and Jan. 2021.

Showing 256 to 270 of 1,342 entries

Most Recent Experts

Amy Raskin, CIO, Chevy Chase Trust

Chevy Chase Trust

Stephanie Link, Chief investment strategist, Hightower

Hightower

Rob Sechan, Managing Partner, New Edge Capital

New Edge Capital

Jim Lebenthal

Cerity Partners

Brianne Gardner

Raymond James

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Bank of America (BAC)