Jim Cramer Expects Little Impact From Bank of America's Earnings

Bank of America Corporation (NYSE:BAC) is one of the stocks in Jim Cramer’s game plan for this week. Cramer did not show much enthusiasm while discussing the company’s earnings, as he said:

“We got to hear from more banks on Wednesday, and I’ve gotta tell you, Bank of America tends not to do all that much.”

Bank of America Corporation (NYSE:BAC) provides banking, investment, and financial services for consumers, businesses, and institutions. The firm offers lending, wealth management, trading, advisory, and treasury solutions. When a caller asked for Cramer’s advice on the stock during the October 6 episode, he responded:

“Let Bank of America ride. It’s very inexpensive. I think it can go much higher. I don’t think it’s going to be stuck at this level, and I like the way the financials trade very much. You’ll do well with Bank of America.”

Additionally, during the July 24 episode, Cramer praised Bank of America Corporation’s (NYSE:BAC) massive buyback plan. He commented:

“Now these aren’t flash. When Bank of America announced a $40 billion buyback the other day and nobody even notices, I regard that as a terrific sign. We want boring, we want no flash, we want gray flannel suits, and that’s just what we’re getting to fuel this rally. So yawn away, but be sure to do some buying.”

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Disclosure: None. This article is originally published at Insider Monkey.