Jim Cramer’s Game Plan: 12 Stocks in Focus This Week

6. Bank of America Corporation (NYSE:BAC)

Number of Hedge Fund Holders: 98

Bank of America Corporation (NYSE:BAC) was mentioned in Friday’s episode and here is what Mad Money’s host had to say:

“Thursday we have more of the same. This time, Bank of America, U.S. Bancorp, Morgan Stanley, and PNC Financial. I actually expect all these to be good too.”

Bank of America (NYSE:BAC) is a well-established financial institution that provides a broad range of banking and financial services, including savings and checking accounts, loan options, investment management, and wealth management solutions. As per the company’s plans, it is focused on expanding its presence and aims to open more than 165 new centers across 63 markets by the end of 2026.

It includes nearly 40 new centers in 2024 and adds to the more than 100 centers the company has already launched over the past two years. Additionally, in January, the bank also reported significant growth in its Consumer Investments business, which has surpassed $500 billion in client assets. This marks a more than tenfold increase since the business was first launched a decade ago. The Consumer Investments division now includes nearly 4 million client accounts, spanning Merrill Edge Self-Directed and Merrill Guided Investing.

For 2025, Bank of America (NYSE:BAC) expects a return to growth in net interest income (NII) and forecasts a return to operating leverage. The bank is also focused on maintaining discipline around expenses, which is expected to improve its efficiency ratio. For the fourth quarter, the company expects NII to grow and projects it will reach $14.3 billion or more on a fully tax-equivalent basis, though several variables will influence this outcome.