Bank of America (BAC) Buy, Sell or Hold

Bank of America (BAC)

56.25

+0.05 (0.09%)

as of Jun 18, 2026, 10:42:05 pm Market Open.

492 watching

DON'T BUY

Took over Countrywide on terms that initially were thought to be somewhat favourable. The problems that are persistent with mortgages in the US are huge. Too many unknowns going forward.

COMMENT

Believes dividends are sustainable in most of the US bank stocks. Far enough into the cycle on write-downs sub prime holdings, etc. that volatility should be over. Will be a while before it is a strong performing stock. It could have a bounce.

SELL

Reaffirmed they are going ahead with the purchase of Countrywide Financial. Investors are very concerned. Wouldn't surprise him to see huge class action suits against Countrywide for abusive mortgage.

DON'T BUY

Earnings growth over the last 12 weeks has been cut in half. There have been a number of questions raised around their balance sheet, particularly with their exposure to Countrywide. Not sure the dividend is safe.

TOP PICK

Premier, global franchise. Acquired Countrywide (CFC-N) of which they fully wrote off all the mortgages. If there is a recovery in mortgages, they will benefit. Net interest margin earnings, which is key, is slightly increasing and there should be an 8% to 10% rate of return over the next 4 or 5 years including dividend.

SELL

Wouldn't own any US banks right now. Banking environment in the US still has further down to go. Didn't use a lot of foresight when they bought Countrywide.

DON'T BUY

(Market Call Minute.) Probably one of the better money centre banks (?) but would prefer the Canadian banks.

BUY

Great dividend yield. Pretty compelling value on a 2-year view. They avoided the whole subprime mass until they bought Countrywide Financial.7% yield.

BUY

Banking industry has been in an amazing turmoil. There is a pending purchase of Countrywide (CFC-N) and there is talk that it might be revalued. Think they will do well longer-term.

DON'T BUY

Loathe right now to own a US bank. Have shown themselves to be poor business people. Chased all the wrong kinds of business and got caught with their pants down. Still more to come. Also there are prospects of a recession in the US.

SELL

Model price of $36.89, a -3% differential. Thinks the US banks have a big head wind. Once we get through the credit crisis, (he thinks the federal reserve is letting inflation go) and once we get over this phase he expects a substantial increase in interest rates.

DON'T BUY

Would be a little cautious on this one. Not sure how good the Countrywide acquisition is going to be and could take 5 years before we know.

DON'T BUY

Had a big break below the 200-day moving average and continued to stay below the 200-day moving average. It does have a kind of double base happening which could mean it is starting to base build.

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.

Showing 1,156 to 1,170 of 1,267 entries

Most Recent Experts

Stockchase Insights

5i Research

Brian Acker, CA

Acker Finley Inc.

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

David Burrows

Barometer Capital Management

Jim Cramer - Mad Money

CNBC

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].

Summer Sale

Bank of America (BAC)