Date: January 10, 2011; Source: Jim Cramer; Title: "10 Reasons To Buy Bank Of America"

by Tyler Durden
Zero Hedge
Aug. 08, 2011

Everyone who may have just heard the unprecedented rant by Jim Cramer bashing Bank of America, now that it is at its multi-year lows, may be a little confused. After all it was just on January 6, 2011, when Bank of America was at its multi year highs, that he released the following "report" titled "10 Reasons to Buy Bank of America." We all enjoy the laugh, but we ask Comcast? Is this is the comedian that CNBC wishes to destroy any remaining viewership it has and commit ratings suicide?

And since we frankly couldn't care less about CNBC's evaporating vierwship, here is Cramer's full take from January, which has cost those who listened to it, a nearly 50% loss in about 8 months.

10 Reasons to Buy Bank of America

Published: Thursday, 6 Jan 2011 | 6:09 PM ET

Investors who want to bank on America's return to greatness, Cramer said during Thursday's "Mad Money," should buy Bank of America.

He believes that job growth will return. He believes in stabilizing and then climbing home prices. He believes in even a rising standard of living and the inevitable return of investors to the market. Put simply, he's bullish on America. And if you are, too, he thinks Bank of America is the way to play it.

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