Bank of America dividend increase deemed weak by Jim Cramer, lags in valuation

Jim Cramer discussed Bank of America’s recent 7.7% dividend increase, calling it the weakest in the group. BAC now has a 2.3% yield, trading at less than 2 times tangible book value. Despite being up nearly 11% for the year, it still lags behind other bank stocks in terms of valuation and earnings.

Bank of America offers financial services like savings accounts, loans, and wealth management. While BAC is a solid investment, other AI stocks may provide greater upside potential with less downside risk. Consider exploring AI stocks that could benefit from Trump-era tariffs and the onshoring trend for potential investment opportunities.

For more insights on stock investments, check out articles on the best and worst Dow stocks for the next 12 months, as well as 10 unstoppable stocks that could double your money. No disclosures were made in the article.

Read more at Yahoo Finance: Jim Cramer Calls Bank of America “The Weakest” in the Group