Trending Analyst Calls: 10 Stocks to Buy and Sell

4. Bank of America Corp (NYSE:BAC)

Number of Hedge Funds Investors: 115

Steve Weiss, Founder and Managing Partner of Short Hills Capital Partners, explained in a recent program on CNBC why he’s selling Bank of America Corp (NYSE:BAC) after holding the stock for a long time. The analyst also discussed why he remains an investor in Goldman Sachs:

“Number one, I’m looking to reduce my exposure overall to the market. I’m still pretty fully invested. I also have Goldman Sachs and that is a core position. It’s a very large position. So what I get in BFA that I’m not so sure I want right now is more of the general consumer population versus what I’m isolating on is the underwriting cycle, IPOs, investment banking, etc. And I get that with Goldman. So this had really just very little despite what I just said to do with the company. Almost nothing. It was really just an exposure in the portfolio issue. So I just said, do I need to double down in financials because I’ve run a very, you know, non-diversified portfolio.”

Ariel Global Fund stated the following regarding Bank of America Corporation (NYSE:BAC) in its Q1 2025 investor letter:

“We initiated a position in one of the world’s leading financial institutions, Bank of America Corporation (NYSE:BAC). We think the firm’s revenue momentum across its capital markets group is underappreciated at current levels. We also expect the company’s net interest income growth to exceed Wall Street expectations, despite a conservative outlook for loan growth and re-pricing. Meanwhile, a more favorable regulatory landscape, highlighted by a less restrictive capital rule should lead to a substantial increase in share buybacks. Taken together, we view the company’s earnings outlook to be attractive, supported by higher profitability and free cash flow generation amidst an improving operating environment.”