4 Buys And A Sell From Cramer For Widely Held Stocks

By Chris Lau, Kapitall Contributor  For the week ending February 22, Jim Cramer was net bullish on stocks. Of the 40 companies mentioned, 31 (77.5%) were favorable, while just 9 were bearish calls. The average daily trading volume for the companies covered was 8.1M shares. Notable were companies that had a market capitalization of over $100 billion. Widely-held companies were companies to buy, while Coca-Cola (KO), a company held by Warren Buffett’s Berkshire Hathaway was viewed negatively:

Cramer’s picks often get higher than average trading after they are mentioned, if trading volume is low. For the companies listed above, volume is high enough to make any abnormal moves unlikely.

Business Section: Investing Ideas

The list average 1-year return is 19%. 

Bank of America Corporation (BAC). Buy. Bank of America is trying to settle over $100 billion in losses with a settlement. The settlement could be around $8.5 billion, and would reduce the uncertainty around the bank’s balance sheet. Even the loss amount is a speculative amount.

The financial firm increased it’s the base salary of Moynihan, Bank of America’s CEO, by 60%. His salary will now be $1.5M in 2013. Last year, he earned $950,000. Including the bonuses earned in 2012, his total earnings was $12M.