Comments on: Stock Analysis: Bank of America Corp (BAC) *

By: Dividends4Life

Dividends4Life — Wed, 04 Jun 2008 11:29:00 +0000

Since I am over-weighted n the banking sector now, I haven’t rerun the analyzes on the banks in some time. I recently sold WB in my IRA after they cut their dividend.

Best Wishes,
D4L

By: passivefamilyincome

passivefamilyincome — Wed, 04 Jun 2008 11:12:00 +0000

Any other banks that you would be buying now besides USB? I was eying WB actually, but the recent shake up scared me off.

By: Dividends4Life

Dividends4Life — Tue, 03 Jun 2008 02:42:00 +0000

passivefamilyincome: I wouldn't touch BAC until its future is more clear. I would like to add more USB, but my allocation will not allow it at this time.

Dividend Growth Investor: There are too many wild cards for BAC now. I supect it will struggle for the next 12-18 months.

Best Wishes,
D4L

By: Dividend Growth Investor

Dividend Growth Investor — Mon, 02 Jun 2008 14:26:00 +0000

D4L,

The payout on BAC is a little high for me. The yield is very good, but way above historical norms. Where will future dividend growth come from?

By: passivefamilyincome

passivefamilyincome — Mon, 02 Jun 2008 11:12:00 +0000

D4L – I think the entire financial sector is so hard to read right now. I would love to jump all over BAC right now but am a little tentative just not knowing when things will get better for the sector.