Despite the fact that its shares moved back above $10 on Monday, doubling its lows from three months ago, Bank of America is still a stock to avoid due to a multitude of lingering issues, according to both FBR Capitals’ Paul Miller and Sterne Agee financial services analyst Todd Hagerman. Read More
Bank of America might need to raise $45 billion by 2019 to de-risk its balance sheet, with vulnerability largely in the residential real estate sector, one “Fast Money” analyst said. Read More