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Bank Of America Corporation (BAC) [hlAlert]

Rating:
Buy BAC
up 25.88 %

Bank Of America Corporation (BAC) rated Buy by Standpoint Research

Posted on: Wednesday,  Oct 27, 2010  12:25 PM ET by Standpoint Research

Standpoint Research rated Buy Bank Of America Corporation (NYSE: BAC) on 10/27/2010. Previously Standpoint Research rated Accumulate Bank Of America Corporation (NYSE: BAC)
on 08/23/2010., when the stock price was $13.06. Since then, Bank Of America Corporation has gained 25.88% as of 09/10/2015's recent price of $16.44.
If you would have followed the previous Standpoint Research's recommendation on BAC, you would have gained 25.88% of your investment in 1844 days.

NUVEEN INSD CA The Fund is registered under the Investment Company Act of 1940 asclosed-end, diversified management investment company.

Standpoint Research provides independent equity research that is free from the conflicts of asset management, investment banking, proprietary trading, and fee-for-research arrangements. We provide thorough analysis, diagnostics and forecasts on domestic and international equities and markets backed by alpha-generating variables back-tested on many years of data. Standpoint Research currently advises and sells its research to pension funds, hedge funds and asset management firms. Wall Street analysts have an optimistic bias, while we are more objective. In fact some of the variables in our model that are looked at as positives by Wall Street actually carry negative weight in our model. We have a strict discipline that includes running our proprietary 155-variable valuation and diagnostics model with a personal and subjective overlay that has been proven to add value. The effectiveness is demonstrated through our impressive track record of recommendations.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/27/2010 12:25 PM Buy
None
11.56
as of 12/31/2010
1 Week up  9.11 %
1 Month up  30.13 %
3 Months up  8.77 %
1 YTD up  23.26 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/23/2010 8:25 AM Buy
None
13.06
7/24/2009 9:25 AM Hold
None
12.65 18.00

(*) Stock Price at the time of the recommendation.
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