SocialPicks Sentiment:
** v.s.
other stocks
|
This Quarter's Sentiment:
|
|
|
SocialPicks Community
BAC is a SHORT
BAC
|
|
|
+13.16%
in
32 days
With projected losses until the end of the year and the stock overbought. It's set for a bear rally.
|
U.S. Lenders Lean on Investment Banking for Profits
BAC
|
|
|
+19.23%
in
32 days
(closed on 08/04/09)
July 18 (Bloomberg) -- Bank of America Corp., JPMorgan Chase & Co. and Citigroup Inc., the three biggest U.S. lenders, reported a total of $10.2 billion in profits for the second quarter that relied on investment banking and asset sales to counter growing losses on consumer loans.
Bank of America , No. 1 in the U.S. in deposits and assets, reported net income of $3.22 billion, or 33 cents a share. Earnings at the unit that includes trading of bonds, equities and currencies more than quadrupled to $1.38 billion on improved credit markets. <> Chief Executive Office <> Kennet...
|
Bank of America Corp
BAC
|
|
|
-44.03%
in
501 days
Bank of America (BAC)
Click Here for the Strategy Report on this banking & non-banking financial services company.
Stocks Covered: Bank of America (BAC)
Target Returns: 15.30% or 26.86% Annualized *
Downside Protection: Up to 11.99%
Duration: 208 Days
Investor Level: Beginner to Advanced
Risk Level: Low Relative Risk
<> <> Analysts'
Recommendation: | Hold | <> 30 Days Ago: | ...
|
Bank of America Corp
BAC
|
|
|
-44.03%
in
501 days
Bank of America (BAC)
Click Here for the Strategy Report on this banking & non-banking financial services company.
Stocks Covered: Bank of America (BAC)
Target Returns: 15.30% or 26.86% Annualized *
Downside Protection: Up to 11.99%
Duration: 208 Days
Investor Level: Beginner to Advanced
Risk Level: Low Relative Risk
<> <> Analysts'
Recommendation: | Hold | <> 30 Days Ago: | ...
|
Bullish on BAC ...
BAC
|
|
|
+66.11%
in
201 days
I'm not a financial person, but my feeling is that banks have been slaughtered w/o discrimination during the recent market crash. Banks are in the business of making money and I think this is a long term pick with big reward potential.
|
From the Blogosphere
More on Unemployment Duration – Analyst Blog
|
|
|
While I touched on unemployment duration at the end of my last blog, this is a very important subject and deserves a bit more elaboration. Quite simply being out of work for three or four weeks is a very different experience with very different economic implications than being out of work for six months to a year or more. The focus on the total number of unemployed obscures that reality. The thing that makes this recession so much different than the ones that have gone before it is how long people are staying out of work once they become unemployed. Yeah if you get laid off for a few weeks,...
|
Weak Employment Report – Analyst Blog
|
|
|
The October employment report came in weaker than expected as the country lost 190,000 jobs, rather than the 175,000 expectation. It was, however, an improvement over the 219,000 lost in September, but worse than the 154,000 jobs lost in August. Both the September and August job losses were revised sharply lower. As of last month it was thought that we lost 263,000 jobs in September and 201,000 in August. So in that context, missing expectations for October by 15,000 does not seem that bad. Of course, it is bad if you happen to be one of those losing your job. Based on the establishment sur...
|
Ancestry.com explores an IPO
Filed under: Google (GOOG), Bank of America (BAC), Morgan Stanley (MS), Initial public offerings  When it comes to the Internet, few consumers are willing to pay for services -- especially during the current economic hard times. Yet, there are still some websites that are able to get people to fork over their hard-earned money. One example is Ancestry.com (NASDAQ: ACOM), which provides extensive data and tools to research family histories.
In fact, this week the company hit another milestone: an IPO. Ancestry.com issued 7.4 million shares at $13.50 each. The expected price range was $12.50 to ...
|
Zacks Analyst Blog Highlights: Time Warner Inc., Fannie, Freddie, Citigroup and Bank of America – Press Releases
|
|
|
For Immediate Release Chicago, IL – November 5, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Time Warner Inc. (TWX), Fannie (FNM), Freddie (FRE), Citigroup (C) and Bank of America (BAC). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513 Here are highlights from Wednesday’s AnalystBlog: <><>Time Warner Tops Zacks Co...
|
The Fed Stays on Easy Street – Analyst Blog
|
|
|
The Federal Reserve decided to keep the Federal Funds rate unchanged at the meeting it concluded today, as expected. Below is the current Fed Statement along with the one from their September meeting in paragraph-by-paragraph format, with my translation and commentary interspersed.
As the graph below shows, the market is expecting the Fed to remain on hold, with Fed Funds between 0 and 25 basis points for an extended period. The graph shows the expected outcomes for the January meeting (before today’s announcement) from the Cleveland Fed. The market set the odds of anything other than stan...
|
|
ROCK-STAR INVESTORS
|
|
POPULAR STOCKS
|
|
TODAY'S HEADLINES
|
|
TODAY'S TOP PICKS
|
|
|
Visit streetinsider.com
No Bank Too Big to Fail!
- As the government continues to pump the economy with stimulus money, it also continues to push for financial reform from the FDIC angle...
http://ww
|
More Resources
|
About Bank of America Corp
- Answers.com
