Was Jim Cramer Right About These 12 Stocks?

Page 11 of 12

2. Bank of America (NYSE:BAC)

Number of Hedge Fund Investors: 102

A caller wanted to know what was going on with Bank of America’s recent pullback and asked about a good entry point. Cramer saw an opportunity and advised the caller:

“You buy some right here. Buy some—maybe if it breaks 40.”

He thought Bank of America was selling too cheaply and remains one of the best-positioned banks to benefit from rate cuts and an improving economy:

“I think this company’s selling very inexpensively, and it’s a good one.”

Jim Cramer’s bullish comments on the banks were pretty accurate. Bank of America also rose by 14% since the program aired in July 2024.

Page 11 of 12