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Bank of America Stock Symbol: BAC-N

Last Price Recorded: 15.2500 on 2014-07-31 21:41:10

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Date Signal Expert Opinion Price
2014-07-29 COMMENT Ross Healy

Trading below Book Value. Currently trading right on the cusp of being in a condition of being rejected by the market, and being accepted by the market. If it can break through about $17-$18, the stock has a terrific run ahead of it.


Price:
$15.340
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Unknown
2014-07-24 COMMENT Gordon Reid

The only financial that he owns is Goldman Sachs (GS-N). Expecting that over the next year or 18 months, he will have more of an exposure to the money centered banks. Feels that we are likely to see some inflation entering the economy, and for that reason we are likely to see the yield curve steepen, and banks will make money the old traditional way, lending long and borrowing short and lending long.


Price:
$15.620
Subject:
US EQUITIES
Bias:
BULLISH
Owned:
No
2014-07-23 COMMENT Stan Wong

Likes the US financial space in general. Valuations are below long-term averages. Has been beaten up a little with regulatory issues and low interest rates, but those will change. Hopefully, next year, the regulatory issues will be less and interest rates will be higher. The economy should have picked up even more so. He prefers Citigroup (C-N) and J.P. Morgan (JPM-N). (See Top Picks.)


Price:
$15.520
Subject:
NORTH AMERICAN & ETFs
Bias:
OPTIMISTIC
Owned:
No
2014-07-22 DON'T BUY Colin Stewart

Likes the overall US banking sector. The improvement in the US economy will help lift all of the US banks. Also, feels interest rates are going to rise over time, which will help the banks considerably. Prefers Citigroup (C-N) over this.


Price:
$15.520
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
SELECTIVE
Owned:
No
2014-07-18 COMMENT Mohsin Bashir

Still in the process of shaking off its past. Has a good bead into the retail investment space however a better name would be Wells Fargo (WFC-N). He prefers the Canadian banking sector, especially Toronto Dominion (TD-T).


Price:
$15.490
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
No
2014-07-10 BUY Zachary Curry

A consumer focused bank. They had many blunders over the past few years, and he thinks the CEO is trying to get rid of those and move on. Continues to be a consumer focused retail bank. Feels this will work longer-term. Over the longer term this stability should be good for the bank.


Price:
$15.440
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
No
2014-07-08 PAST TOP PICK Paul Gardner, CFA

(Top Pick July 02/13, Up 21.09%) It has done its thing, but it still trades well on its tangible book value.  There are only so many people that can sue them.  The US housing recovery is in place.


Price:
$15.580
Subject:
FIXED INCOME, LARGE CAP DIVIDENDS AND REITS
Bias:
BULLISH
Owned:
Yes
2014-07-07 TOP PICK James Dutkiewicz

5.125% bond maturing December 29, 2049.  It is very, very likely to be called in five years.  They are an improving credit story; capital levels and profit are up.  Headline risk has diminished. 


Price:
$15.940
Subject:
FIXED INCOME
Bias:
UNKNOWN
Owned:
Yes
2014-07-04 TOP PICK Paul Harris, CFA

Own 10% of all deposits in the US. Great retail branch brand. Has great investment banking in Merrill Lynch, and a great asset management business along with a great brokerage business. US growth, global growth, and a better housing market will help. Not expensive. This could easily trade at 2X Book. Great time to buy at these levels.


Price:
$16.030
Subject:
NORTH AMERICAN - LARGE & GLOBAL EQUITIES
Bias:
OPTIMISTIC
Owned:
Yes
2014-07-03 COMMENT Barry Schwartz

His preferences are J.P. Morgan (JPM-N) and Goldman Sachs (GS-N). J.P. Morgan has a better dividend, so this is what he would rather stick with. However, this bank has performed admirably, and he is a big believer that the US banks are dramatically undervalued. As interest rates rise, they’re going to get free money out of nowhere.


Price:
$16.030
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
No
2014-06-26 DON'T BUY Gordon Reid

It is still early.  There is not a lot of catalyst at this point to banks growing.  Margins are anemic because interest rate curves are flat.  Capital markets are starting to do well.  You have to look at credibility of management.  A black eye resulted when an error on their tier one capital was found.  He would pass on this for these reasons, but also on most of the US banking industry.


Price:
$15.410
Subject:
US EQUITIES
Bias:
CAUTIOUS
Owned:
No
2014-06-23 DON'T BUY Jennifer Radman

She prefers C-N over this.  But they are both trading at significant discount to their book value.  There will be some pretty good catalysts for stocks in this space.


Price:
$15.640
Subject:
US LARGE
Bias:
SELECTIVE
Owned:
No
2014-06-20 BUY Patrick Horan

Likes the company and what is going on. Thinks the worst is a couple of years behind them now. Hasn’t performed all that well this year so far. Yield curve has flattened out, which doesn’t speak well for a retail banks earnings. This is well priced here and he would be a Buyer.


Price:
$15.450
Subject:
NORTH AMERICAN
Bias:
BULLISH
Owned:
No
2014-06-12 PAST TOP PICK Greg Newman

(Top Pick Jun 12/13, Up 19.49%) It has had some setbacks, not returning capital to shareholders.  Still a play on housing recovery and rising interest rates over time.  Slower than he would have liked.  Buy on weakness in the low $16’s.


Price:
$15.420
Subject:
CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias:
BULL on ENERGY
Owned:
Yes
2014-06-12 WAIT David Burrows

Very well run bank, and he thinks they will get it turned around, however they have taken a punch to the chin on their branding. If he were making an investment today, he would wait to see the sentiment get a little bit better. Would like to see them executing a little bit better. Would prefer something like Wells Fargo (WFC-N) instead. Also he would be more interested in focusing on an asset manager as opposed to a bank or insurance company that has strong business and wealth management.


Price:
$15.420
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on ENERGY
Owned:
Unknown
Showing 1 to 15 of 541 entries
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