Jim Cramer’s Lightning Round: Buy Bank of America Corp. (NYSE:BAC) & Visa Inc. (NYSE:V)

Bullish
Visa Inc. (NYSE:V), MarkWest Energy Partners L.P. (NYSE:MWE), Pfizer Inc. (NYSE:PFE), Bank of America Corp. (NYSE:BAC), Wells Fargo (NYSE:WFC), Citigroup (NYSE:C), Athenahealth Inc. (NASDAQ:ATHN) and Amazon.com Inc. (NASDAQ:AMZN). Join the fastest growing community of small cap investors at Stockhideout.com

joephone
December 21, 2009 • 3:30 pm

Hi Jim I bought BAC $11.50, VALE $26.88, WFT $15.51, GDXJ $25.88 UYG $3.3. My question is should I sell or keep? thank you and please reply back!
Tony Farrell
December 22, 2009 • 10:43 am

I bought BAC at $ 4.33 and sold at $ 14.50 however now I am back in BAC. It seems there is significant upside still to come, despite lots of profit taking continuing like I have already done. I expect continued voliatility for a while yet because it has risen so far so fast, but overall long term value is superb. I also like monthly dividend payers. Check out my web site for info on monthly dividend stocks (click on my name).
Huffington Post Bashes Jim Cramer Wrongly
December 22, 2009 • 1:49 pm

I don’t understand a recommendation to buy financials at this time. I would think you would be recommending commodities right now. People need to invest in real money. The dollar, despite small rallies, is in a freefall, which I think it intentional to begin with. Half the financials, I feel, aren’t worth the paper they’re printed on.