Why Jim Cramer Likes Bank Of America Stock

On CNBC’s “Mad Money Lightning Round,” Jim Cramer said Bank of America Corp (NYSE: NYSE:BAC) in one of the companies that is “not expensive with very good management that I want to own.”

Cramer said no to AGNC Investment Corp (NYSE: AGNC).

When asked about Archer Aviation Inc (NYSE: ACHR), Cramer said he is not going there, as “losing money is what I think that company’s going to do in spades before it has any hope.”

The “Mad Money” host said he is not in favor of Brighthouse Financial Inc (NASDAQ: BHF).