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Bank of America (BAC +0.8%) receives constructive comments from JPMorgan, which says to expect a...

Bank of America (BAC +0.8%) receives constructive comments from JPMorgan, which says to expect a number of upside earnings estimate revisions. The bank, says JPM, is best positioned for a housing recovery and higher dividends and buybacks. Also filling the sails will be cost cuts and a growing loan book.
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Comments (5)
  • rgperrin
    , contributor
    Comments (995) | Send Message
     
    Yes, nice to here some positives. But how long until Bank of America plunges into its next self-generated disaster? The company has a more than 30-year history of idiotic management, which leads it into crisis after crisis. For those who have positions in this suicidal company, the trick is to get out between crises--at the summit of a mountain before the inevitable crash to a deep valley below.
    11 Dec 2012, 02:04 PM Reply Like
  • MexCom
    , contributor
    Comments (3064) | Send Message
     
    Sounds like you're short. I feel sorry for you trying to take advantage of others - we are on our way to $30+
    11 Dec 2012, 04:19 PM Reply Like
  • billmichael
    , contributor
    Comments (126) | Send Message
     
    After new CEO Brian Moynihan finishes giving the company an enema, I don't think it will be "suicidal" anymore.
    12 Dec 2012, 01:01 AM Reply Like
  • wil3714
    , contributor
    Comments (2093) | Send Message
     
    havent heard any negatives for a long time thats why the whole sector is rallying. Brian Monnihan is doing a great job so far.
    12 Dec 2012, 07:57 AM Reply Like
  • MexCom
    , contributor
    Comments (3064) | Send Message
     
    Still understates the recovery potential of the financial powerhouse. How about M&A activity? IPOs? Do they really think that this is only a mortgage company?
    11 Dec 2012, 04:17 PM Reply Like
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