Jeff Auxier Comments on Bank of America Corp

Guru stock highlight

Feb 12, 2019

Bank of America Corp. (NYSE:BAC)

Management at Bank of America led by CEO Brian Moynihan is working on reducing risk and becoming more efficient while enhancing the customer experience. In early 2019, Bank of America was awarded the first J.D. Power and Associates' website certification for online experience while last year they were awarded J.D. Power's first mobile app certification. The stock looks inexpensive at less than ten times 2019 earnings estimates.

From Jeff Auxier (Trades, Portfolio)'s fourth-quarter 2018 market commentary.

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