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

2012-12-27

Opinion for Bank of America (BAC-N)

Signal Price Bias Subject Owned
$11.470 OPTIMISTIC GLOBAL Yes

US banking is a great story. They are in the sweet spot. Housing market is turning around. All the loans they have made since 2009 are in fantastic shape on their books. They are not going to have loan losses. Cutting their cost structure down and are trading at much lower multiples than they were years ago. Try to get it on a pull back.

Paul Harris, CFA
Portfolio Manager and Partner, Avenue Investment Management

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