Q: Would you advise a switch from Goldman Sachs (GS) to Bank of America (BAC)? Bank of America seems cheaper on a P/B basis and no more expensive on forward P/E.
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Dear Peter and Staff,
Bank of America is being taken off the Dow; would you please give me your opinion of what might happen to the stock price. Should I hang on or take my gain and move along?
Many thanks, a day doesn't go by without my reading your questions/answers etc. Your service has been a tremendous help.
Many thanks, Catharine
Bank of America is being taken off the Dow; would you please give me your opinion of what might happen to the stock price. Should I hang on or take my gain and move along?
Many thanks, a day doesn't go by without my reading your questions/answers etc. Your service has been a tremendous help.
Many thanks, Catharine
Q: Dear Team: I want to buy 1 call option contract for BAC for January 2015 at $15.00 in my TFSA.
Today that would cost about 1.78. I know you only want to do Cdn stocks, so if you do not
want to give an opinion on doing this for BAC do you have a better suggestion which would be
Cdn? I bot your portfolio, and my jaw drops as I watch many of those stocks!! (like CSU or MG or Valeant) Thanks so much for your support. Jean
Today that would cost about 1.78. I know you only want to do Cdn stocks, so if you do not
want to give an opinion on doing this for BAC do you have a better suggestion which would be
Cdn? I bot your portfolio, and my jaw drops as I watch many of those stocks!! (like CSU or MG or Valeant) Thanks so much for your support. Jean
Q: Hello 5i Team,
What are your comments on the announcement that the US Government has launched a law suit against BAC. I'm in this one for a long term hold so not too concerned about volatility as I think the price will increase in the future.
Also I should ask if you think BAC is a good long term play in the US financials or o you think others will fair better? Perhaps a US financial ETF with a small grouping?
Thanks again for all your comments, replies and work.
Paul
What are your comments on the announcement that the US Government has launched a law suit against BAC. I'm in this one for a long term hold so not too concerned about volatility as I think the price will increase in the future.
Also I should ask if you think BAC is a good long term play in the US financials or o you think others will fair better? Perhaps a US financial ETF with a small grouping?
Thanks again for all your comments, replies and work.
Paul
Q: Hello, I wonder if you can comment on BAC's most recent earnings? The main criticism of them seems to be that revenue isn't growing adequately. is this a significant concern or impatience? Peter
Q: During the financial bailout of US banks in 2008 under TARP, companies such as Bank of America, Wells Fargo and JP Morgan issued long-term warrants that mature in 2018/2019. What are your thoughts in using the warrants as a way to play the US financial sector?
Thanks
Thanks
Q: I'd be interested in your thoughts on the current share price of BAC. I've had a nice run since acquiring a position in April/12 but am questioning myself as to the potential upside of the stock in the next 12 months.
Q: Any thoughts about Bank of America, I realize it may be off your radar screen but I think it is intriguing as a turnaround stock it certainly has legacy concerns from the acquisition of Country Wide but it seems to be becoming more focused, should see declining loan loss provisions, and should have significant tax loss carry forwards?