Every day, the sun rises on Wall Street, and a plethora of professional analysts wake to issue new opinions on stocks. Here at the Fool, we use our "This Just In" column to examine some of these picks -- and the track records of the firms behind them -- so individuals can make better investing decisions.
In addition to following professional banks, anyone can use Motley Fool CAPS to monitor the collective opinions of more than 115,000 members, many of whom demonstrate better investing insight than published analysts do.
Enough top-performing CAPS members have given up their bearish ways with Merrill Lynch
No doubt, investors like the familiar and known. And it appears Merrill's agreement to join Bank of America
CAPS investors reacted favorably to CEO John Thain's quick action in taking BofA's offer, avoiding the spectacle of more write-downs that eventually killed Lehman Brothers. But Merrill's shares currently trade more than 15% below the price at which the BofA deal values them. Many investors believe the deal may not happen, or BofA may redefine the terms more to its advantage -- unlike JPMorgan Chase
Still, with the current arbitrage built into the price and Merrill's willingness to go quietly, more CAPS members are giving Merrill Lynch the thumbs-up these days. To see what the very best CAPS analysts are saying now about Merrill Lynch -- as well as other winning stocks they are picking -- head on over to CAPS and have a look.
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Fool contributor Dave Mock upgrades the refrigerator with kid art on a near daily basis. He owns no shares of companies mentioned here. JPMorgan Chase and Bank of America are Income Investor recommendations. The Fool's disclosure policy won't eat all the best parts of the trail mix and leave you holding the raisins.