Jim Cramer Says Bank of New York Mellon is a Bank He Has “Come to Like Very Much”
The Bank of New York Mellon Corporation (NYSE:BK) is one of the one of the stocks Jim Cramer was bullish on due to share buyback activity. Cramer said, “we think the world of” the company’s CEO, as he commented: “Fourth is a bank that I’ve come to like very much over the past couple years, and that’s BNY, the old Bank of New York Mellon. BNY shrunk its share count by 36.2% since the end of 2015, even if the stock wasn’t a real outperformer until more recently. Under CEO Robin Vince, we think the world of ...