Reported about 13 hours ago
Bank of America Corporation (NYSE:BAC) has received Jim Cramer's endorsement as a recession-proof stock following its participation in a $136 million funding round for fintech company Fnality. Notably, with 115 hedge funds backing it, the stock displays strong institutional support. RBC Capital recently reiterated a Buy rating with a price target of $56, while BAC's stock closed at $50.64 on October 3, 2025.
Source: YAHOO