July 10th, 2008
CNBC Bonus Bucks Trivia: In Wednesday’s Stop Trading post, Financials Fallout, which entity had Jim Cramer “consistently concerned”?
In Wednesday’s Stop Trading post, Financials Fallout, which entity had Jim Cramer “consistently concerned”?
“I have just been consistently concerned about Bank of America (BAC), both its yield and post-Countrywide,” began Cramer.
Given that my models show poor earnings quality, poor earnings momentum and poor price momentum, I can see why. The return potential, however, looks good if the other factors don’t end up drowning it out.
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