Reported about 19 hours ago
Jim Cramer has identified Bank of America as 'the weakest' among major bank stocks, despite recent announcements of a 7.7% dividend increase. He points out that both Bank of America and Wells Fargo trade at premium valuations compared to Citi. While Bank of America has seen an 11% increase this year, Cramer suggests that investors might find better opportunities in AI stocks.
Source: YAHOO