Bank of America (BAC-N) Stock Predictions - Stockchase
WATCH LIST
1073
Bank of America (BAC-N)

ON STOCKCHASE SINCE Nov 2000

banks

Bank of America

BAC-N

224 watching          
Join the Discussion

Bank of America (BAC-N) SAVE Feb, 21, 2019, 6:43 am

29.41 0.28 (0.96%)

About Bank of America (BAC-N)

Bank of America Corporation is a multinational banking and financial services corporation headquartered in Charlotte, North Carolina. It is ranked 2nd on the list of largest banks in the United States by assets. More at Wikipedia

What the experts are saying about BAC-N



  • All
  • Filtered
Signal Opinion Expert
TOP PICK
Bank of America(BAC-N) 

February 19, 2019

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.
banks
0 0 0 0 0
0 comments
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.
banks
0 0 0 0 0
0 comments
Richard Croft

President, R.N. Croft Financial...

Price Price
$29.130
Owned Owned
Yes

PAST TOP PICK
Bank of America(BAC-N) 

February 13, 2019

(A Top Pick Feb 12/18, Down 6%) He's bullish U.S. banks. BAC is doing a great job of re-structuring the company by bringing down costs and growing its core businesses. Also his Top Pick today.
banks
0 0 0 0 0
0 comments
(A Top Pick Feb 12/18, Down 6%) He's bullish U.S. banks. BAC is doing a great job of re-structuring the company by bringing down costs and growing its core businesses. Also his Top Pick today.
banks
0 0 0 0 0
0 comments
Paul Harris, CF

Portfolio , Avenue Investment Ma...

Price Price
$28.781
Owned Owned
Yes

TOP PICK
Bank of America(BAC-N) 

February 13, 2019

22% payout ratio vs. 40% among Canadian banks. BAC's payout ratio and dividend are rising. They're buying back shares. It's trading close to book value, $25.13. BAC faces no legal issues other headwinds. They have great growth prospects in Merill Lynch. They're cutting costs and using technology more aggressively to grow. Remember: BAC is Buffet's largest position. (Analysts’ price target is $33.09)
banks
0 0 0 0 0
0 comments
22% payout ratio vs. 40% among Canadian banks. BAC's payout ratio and dividend are rising. They're buying back shares. It's trading close to book value, $25.13. BAC faces no legal issues other headwinds. They have great growth prospects in Merill Lynch. They're cutting costs and using technology more aggressively to grow. Remember: BAC is Buffet's largest position. (Analysts’ price target is $33.09)
banks
0 0 0 0 0
0 comments
Paul Harris, CF

Portfolio , Avenue Investment Ma...

Price Price
$28.781
Owned Owned
Yes

BUY
Bank of America(BAC-N) 

February 12, 2019

US banks are still correcting, not bouncing back as much as the market. BAC has announced a strong stock buyback program. You need to buy JPM as well as BAC and Citigroup. He's looking to buy this. The street is puzzled with this sector isn't doing better. There's a lot of pent-up upside in these names. Interest rates could be a catalyst.
banks
0 0 0 0 0
0 comments
US banks are still correcting, not bouncing back as much as the market. BAC has announced a strong stock buyback program. You need to buy JPM as well as BAC and Citigroup. He's looking to buy this. The street is puzzled with this sector isn't doing better. There's a lot of pent-up upside in these names. Interest rates could be a catalyst.
banks
0 0 0 0 0
0 comments
Mike S. Newton,

Director &, Scotia Wealth Manage...

Price Price
$28.730
Owned Owned
No

BUY
Bank of America(BAC-N) 

February 11, 2019

Lots of upside in BAC and he expects this to return to $35. He likes it now.
banks
0 0 0 0 0
0 comments
Lots of upside in BAC and he expects this to return to $35. He likes it now.
banks
0 0 0 0 0
0 comments
Ross Healy

Chairman, Strategic Analysis C...

Price Price
$28.370
Owned Owned
Unknown

BUY
Bank of America(BAC-N) 

February 5, 2019

BAC vs. Wells Fargo Both are well-run, with BAC trading at a slightly lower multiple, so he favours BAC. Also, Wells has a scandal to still deal with it and management issues, which is why he's stayed away from it. A rising yield curve boosts all the US banks, so that's's now a headwind as rate increases slow down. Both benefit from a strong US economy.
banks
0 0 0 0 0
0 comments
BAC vs. Wells Fargo Both are well-run, with BAC trading at a slightly lower multiple, so he favours BAC. Also, Wells has a scandal to still deal with it and management issues, which is why he's stayed away from it. A rising yield curve boosts all the US banks, so that's's now a headwind as rate increases slow down. Both benefit from a strong US economy.
banks
0 0 0 0 0
0 comments
Colin Stewart

CEO & Port, JC Clark Investments...

Price Price
$28.780
Owned Owned
Unknown

HOLD
Bank of America(BAC-N) 

January 28, 2019

They move with the market, and he thinks the Dow is toppy now. No reason to sell North American banks. The only reason to sell it now is to buy it back cheaper later.
banks
0 0 0 0 0
0 comments
They move with the market, and he thinks the Dow is toppy now. No reason to sell North American banks. The only reason to sell it now is to buy it back cheaper later.
banks
0 0 0 0 0
0 comments
Elliott Fishman

Director o, Trading Services Gro...

Price Price
$29.670
Owned Owned
Unknown

BUY
Bank of America(BAC-N) 

January 25, 2019

JPM is the best of the pacl, while BAC is more a value play. He owns JP Morgan instead, run by a super CEO. Any portfolio should own one US bank. You can't go wrong with BAC. It's undervalued now.
banks
0 0 0 0 0
0 comments
JPM is the best of the pacl, while BAC is more a value play. He owns JP Morgan instead, run by a super CEO. Any portfolio should own one US bank. You can't go wrong with BAC. It's undervalued now.
banks
0 0 0 0 0
0 comments
Barry Schwartz

CIO & Port, Baskin Wealth Manage...

Price Price
$29.580
Owned Owned
No

COMMENT
Bank of America(BAC-N) 

January 18, 2019

He owns three US banks and one Canadian. He owns WFC-N instead of BAC-N, when it the market became worried about management changes there that created an oversold situation. BAC-N is a fine one as well.
banks
0 0 0 0 0
0 comments
He owns three US banks and one Canadian. He owns WFC-N instead of BAC-N, when it the market became worried about management changes there that created an oversold situation. BAC-N is a fine one as well.
banks
0 0 0 0 0
0 comments
Norman Levine

Managing D, Portfolio Management...

Price Price
$29.300
Owned Owned
_N/A

TOP PICK
Bank of America(BAC-N) 

January 18, 2019

12% EPS growth. 9x earnings. 1x price-to-book. Return on tangible common equity is 16%. He feels there's more to follow as they gain market share. (Analysts’ price target is $32.63)
banks
0 0 0 0 0
0 comments
12% EPS growth. 9x earnings. 1x price-to-book. Return on tangible common equity is 16%. He feels there's more to follow as they gain market share. (Analysts’ price target is $32.63)
banks
0 0 0 0 0
0 comments
Greg Newman

Director &, Scotia Wealth Manage...

Price Price
$29.300
Owned Owned
Yes

DON'T BUY
Bank of America(BAC-N) 

January 8, 2019

Bank of America vs Citigroup. There's some good opportunities but maybe not something you want to invest in right now. Deposits competition is heating up. Net interest margin moving the wrong way. Deposits costs are higher. Credit isn't terrible right now. Not that the banks are a terrible spot, you're probably going to do fine. Dividends are totally safe. But is this really going to get you a great return right now? Better places to be, and probably better countries.
banks
0 0 0 0 0
0 comments
Bank of America vs Citigroup. There's some good opportunities but maybe not something you want to invest in right now. Deposits competition is heating up. Net interest margin moving the wrong way. Deposits costs are higher. Credit isn't terrible right now. Not that the banks are a terrible spot, you're probably going to do fine. Dividends are totally safe. But is this really going to get you a great return right now? Better places to be, and probably better countries.
banks
0 0 0 0 0
0 comments
Cameron Hurst

Chief Inve, Equium Capital Manag...

Price Price
$25.510
Owned Owned
Unknown

SELL ON STRENGTH
Bank of America(BAC-N) 

January 7, 2019

For a trade for a couple of months you would be okay. We need this end of cycle to happen before the recession. He is looking to sell into strength.
banks
0 0 0 0 0
0 comments
For a trade for a couple of months you would be okay. We need this end of cycle to happen before the recession. He is looking to sell into strength.
banks
0 0 0 0 0
0 comments
Larry Berman CF

Chief Inve, ETF Capital Manageme...

Price Price
$25.560
Owned Owned
Yes

DON'T BUY
Bank of America(BAC-N) 

January 7, 2019

BNS-T vs. BAC-N. He owns the Canadian banks. Most of the US banks have been bankrupt in his career. Canadian banks are better regulated. You might make more money in the US within a couple of years but not after 5 years.
banks
0 0 0 0 0
0 comments
BNS-T vs. BAC-N. He owns the Canadian banks. Most of the US banks have been bankrupt in his career. Canadian banks are better regulated. You might make more money in the US within a couple of years but not after 5 years.
banks
0 0 0 0 0
0 comments
Bruce Murray

CEO & Chie, The Murray Wealth Gr...

Price Price
$25.560
Owned Owned
No

BUY
Bank of America(BAC-N) 

January 7, 2019

Absolutely likes US banks. Thinks you can own both Canadian and US banks. JP Morgan has held up better than Goldman, though his clients own both. He'd absolutely buy BAC or JP Morgan, because recession fears are overblown, interest rates will go up slowly in US and this will benefit the banks. Valuations are quite attractive, balance sheets are better.
banks
0 0 0 0 0
0 comments
Absolutely likes US banks. Thinks you can own both Canadian and US banks. JP Morgan has held up better than Goldman, though his clients own both. He'd absolutely buy BAC or JP Morgan, because recession fears are overblown, interest rates will go up slowly in US and this will benefit the banks. Valuations are quite attractive, balance sheets are better.
banks
0 0 0 0 0
0 comments
Barry Schwartz

CIO & Port, Baskin Wealth Manage...

Price Price
$25.560
Owned Owned
Unknown

COMMENT
Bank of America(BAC-N) 

January 4, 2019

BAC or JPM? He owns JP Morgan, but likes BAC as well. Overall, JP Morgan has been a premium bank in the US since the recession. The US banks are trading extremely cheap -- he likes both.
banks
0 0 0 0 0
0 comments
BAC or JPM? He owns JP Morgan, but likes BAC as well. Overall, JP Morgan has been a premium bank in the US since the recession. The US banks are trading extremely cheap -- he likes both.
banks
0 0 0 0 0
0 comments
Tim Regan

Managing D, Kingwest & Company...

Price Price
$25.580
Owned Owned
_N/A

Showing 1 to 15 of 1,073 entries
Successfully Saved Company
Successfully Saved Company
10+
JOIN THE DISCUSSION
10 comments in the last 7 days