WCC - Jim Cramer Recommends Buying Wayfair Says This Big Bank's Stock Yields Almost 3% | Benzinga
On CNBC’s "Mad Money Lightning Round," Jim Cramer said he likes Bank of America Corporation (NYSE: BAC) and it’s a very inexpensive stock. "It’s doing well, 10 times earnings. You’re not going to get it to 20 times earnings, it is going to go up over time. It yields almost 3%," he added.
On Jan. 12, Bank of America reported a fourth-quarter FY23 adjusted net income of $5.9 billion. Adjusted EPS for the quarter was 70 cents, beating the consensus of 68 cents.
When ...