NYSE:BAC

Bank of America (BAC)

53.60
-0.14 (0.25%)
as of Oct 2, 2026, 5:57:12 pm Market Open.
709 watching
0
BUY
A great US institution that has been hit by this crisis. A great franchise with tremendous value. Trading at a valuation that has not been seen since the last recession. The snap-back coming out of recession can be enormous. Valuation on a PE basis does not look good as earnings are down but if they reverse some of their mortgage write-downs, it could have a big effect on values.
BUY
Biggest retail bank in the US and the big hits are taking place more on the institutional side. Dividend of 6% plus is very safe.
BUY
Very good franchise and well capitalized. The jury is out on the Countrywide acquisition. Doesn't think you will be able to judge this well for 2 or 3 years. They will be a very big player in the mortgage business, which is the reason for their acquisition. Thinks the 6.9% dividend is safe.
STRONG BUY
Would be a very strong Buy down here. Likes the name. Until recently, they have been able to avoid the whole subprime problem. Biggest US bank for deposits. Recently bought Countrywide Financial, which was the first time they got any exposure to the subprime market. Thinks it was a prudent investment for them. 6.5% dividend yield.
BUY
(Market Call Minute.) He has a model price of $45.64, a positive 6% differential. Would recommend it because of the 5% dividend yield.
RISKY
Held up better than a number of the other big banks. Made a controversial move of buying Countrywide Financial (CFC-N). Good dividend yield. Expects upside, but there is the risk of finding another big problem in the Countrywide portfolio.
DON'T BUY
All of the US banks are going to be looking at further write-downs as the subprime exposure continues. This is one of the higher quality American banks.
DON'T BUY
Has not been a fan of this bank. One of the more aggressive US banks. Its takeover of Countrywide Financial (CFC-N) may or may not work out but he thinks they just threw money away. US banks still vulnerable.
COMMENT
It is time to start picking away at opportunities. Not all the bad news is necessarily out yet. This one has a 6% yield and PE ratios below 10%. Doesn't have the exposure to the capital and investment markets that other banks have.
TOP PICK
Will have a tough time over the next couple of months. Think they stole Countrywide in their acquisition because, it was any other time, the antitrust laws would kick in. 2 years from now they will make a lot of money. 6% dividend.
PAST TOP PICK
(A Top Pick May 7/07. Down 16.5%.) A little disappointed on the Q4 results. Took a bigger hit than he anticipated. Still a long-term winner. More of a trading position for the next 6 months.
BUY
Basically believes that the banking system will muddle through this problem. A basket of these financials with the yields they’re offering can be a very effective way to invest. Buy in measured proportions.
HOLD
Any time a whole industry is hurt, make sure you are well balanced and that you don't have too much of a bet on an industry or sector. Then you hang on until you get into a normalized period.
DON'T BUY
Very concerned about the risks in the US banking industry. Speculation. Could go lower. A lot of litigation risks.
WATCH
Looking at this one. Have remained fairly clean during this subprime crisis. Getting hit along with all the other financials. There are still massive write offs to come in the banks with level 3 assets. Doesn't know what they're exposure is to this. Wouldn't buy yet.
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