Jim Cramer Talked About 5 Stocks Like NVIDIA and FedEx, Along With the AI Infrastructure Spending

3. Bank of America Corporation (NYSE:BAC)

Bank of America Corporation (NYSE:BAC) was among the stocks Jim Cramer talked about as he discussed the recent rally in several AI-related stocks. A caller asked for Cramer’s thoughts on the company under CEO Brian Moynihan. He replied:

Alright, sells at 11 times earnings, 11 times earnings, which means I don’t know, frankly, there’s something that’s not that great happening there. But then again, Wells, which we own for the Charitable Trust, is 11 times earnings. These now are the cheapest stocks in the market, so someone must think they’re just value traps. I gotta speak to Bank of America and find out what… is going on.

Bank of America Corporation (NYSE:BAC) provides banking, investment, and financial services, including lending, wealth management, trading, and advisory solutions. During the April 28 episode, a caller sought Cramer’s advice on whether the stock was a buy or a sell, and he responded:

BofA is just a plain out buy. The stock, first of all, is down 4% for the year. That’s ridiculous in itself. Second, it sells at 12 times earnings, yet it’s incredibly well run. This is an example of why I say this market’s not dangerous. Bank of America’s way too cheap. It should be bought.