Bank Of America (BAC) gets our Very Dangerous rating because it has misleading earnings and a very expensive valuation. Here is my free report on BAC.
My ratings on ETFs are unique because they are based on my stock ratings for each of a fund’s holdings.
Ergo, the “Most Dangerous” ETFs allocate the most capital to stocks on March’s Most Dangerous Stocks list, which is available for non-subscribers as of today. There are 40 stocks on the Most Dangerous list every month.
Posted in ETF Research, Stock Picks and Pans
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Tagged BAC, Bank of America, Berkshire Hathaway, BRK.A, BRK.B, DRN, etf screener, FNIO, FRI, FTY, fund screener, Most Dangerous ETFs, Most Dangerous Stocks, mutual fund screener, RTL, RWR, RWW, SCHH, stock screener, VNQ, WREI
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YUM! Brands, Inc. (YUM) bet my Attractive rating. Here is a free copy of my report on YUM.
Be wary of advice from the bandwagon riders. They care more about getting more people in the bandwagon than anything else.
The Starbucks (SBUX) bandwagon is a big one. I am not on it.
Posted in Stock Picks and Pans
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Tagged BAGL, CBOU, CHAIX, CHASX, etf screener, FDLSX, fund screener, GMCR, GS, HD, KFT, Kraft, LLY, MCD, McDonalds, MMM, MO, MS, PEET, PEJ, POLIX, POLRX, RIMM, SBUX, SMLVX, SMVMX, starbucks, stock screener
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Always flattered when a journalist, especially one as famous and respected at Mr. Taibbi, references my work. His article “Bank of America In Trouble?” incorporated the meat of my “Raising Fees Is A Desperate Measure: Sell BAC” article.
Year to date, Bank Of America (BAC) stock is up nearly 45% compared to the S&P at +about 8%. BAC stock has bounced back nicely after dropping precipitously at the end of last year.
I would call the 45% bounce a “dead cat” bounce because I expect the stock to fall right back to $5/share, where it bottomed last Thanksgiving, or lower.
Posted in Stock Picks and Pans
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Tagged BAC, Bank of America, BKPIX, BKPSX, Citi deferred tax assets, drawing down reserves, FAFSX, FSLBX, JP Morgan, KBWB, layoffs, loan loss reserves, Rolling Stone, RWW, SFAS 159
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Recent news that Bank Of America (BAC) is considering jacking up its fees on basic checking accounts suggests the company is bad shape. As I wrote yesterday, I believe BAC stock is headed back to its lows and today’s news confirms my view that the expectations basked into the stock’s valuation are writing checks that the company cannot cash.
My interview with Wall $treet Week focuses on the uniquely rigorous research of New Constructs and three of our top stock picks.
February 28, 2012 – 9:12 am
As discussed in “The Real Earnings Season Starts Now”, annual reports are the best source for developing investment ideas. I provided my clients with dozens of insights in 2011 that delivered impressive returns, and I continue that trend with my recommendation of MO.
Posted in Stock Picks and Pans
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Tagged Altria, cigarrettes, Consumer Staples Select Sector SPDR, Dreman Contrarian Funds: Dreman High Opportunity Fund, DRLLX, DWS Value Series, FCD, Focus Morningstar Consumer Defensive Index ETF, hidden charges, ICLEX, ICON Funds: ICON Consumer Staples Fund, Inc: DWS Strategic Value Fund, KDHIX, MO, NOPAT, tobacco, Vanguard Consumer Staples ETF, Vanguard World Funds: Vanguard Consumer Staples Index Fund, VCSAX, VDC, XLP
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