Talking Numbers: Bank of America’s $6 billion problem

Bank of America reported a loss of 5 cents per share in its first quarter earnings report, as its results were weighed down by $6 billion in litigation expenses.

This charge, hardly the first Bank of America has taken on mortgage-related legal issues, is a perfect example of why investors should stay away from the stock, according to Marc Lichtenfeld of the Oxford Club.

“I would not touch this stock right here,” Lichtenfeld said. “Bank of America has a very complex business model. You’ve got hands and arms and tentacles reaching in every different direction. You also have regulators and lawyers breathing down the companies neck. And they have these – every quarter – one-time litigation expenses.

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Talking Numbers: Are BlackBerrys about to go extinct forever?

BlackBerry may consider exiting the handsets business.

Early Thursday morning, BlackBerry CEO John Chen was reported to have said in an interview with Reuters, “If I cannot make money on handsets, I will not be in the handset business.” Later on the in the day, he said that quote was taken out of context.

BlackBerry is more than just handsets, however. Under Chen, the company has been broken up into four segments: devices such as its handsets, enterprise services, messaging (the BBM platform) and QNX (BlackBerry’s operating system for embedded systems).

Are BlackBerrys about to go extinct forever?

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Talking Numbers: Will MasterCard continue to rise with the global emerging middle class?

Marc Lichtenfeld on CNBC Talking Numbers

MasterCard may have disappointed Wall Street with its quarterly earnings but two strategists say the stock is a buy at its current levels.

According to MasterCard’s earnings data released Friday, the company’s revenues grew 12% in the fourth-quarter of 2013 to $2.14 billion from the $1.9 billion in 2012. Its bottom line of $623 million was 3% higher than last year. However, that was a letdown for Wall Street; while adjusted earnings were $0.57 per share, $0.60 was the expected number.

Watch to video to find out why Marc thinks MasterCard is still a buy.

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CNBC: Talking Numbers: Why Netflix could break more records

Shares of Netflix rocketed up 17% on Thursday, making it the single best day best since last April. Talking Numbers contributor Richard Ross thinks the stock is headed much, much higher. But The Oxford Club’s Marc Lichtenfeld disagrees and thinks Netflix is overpriced.

To find out why Marc thinks Netflix is overpriced, watch the video.

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Beware of this ‘Wolf of Wall Street’ stock

On CNBC’s Street Signs’ Talking Numbers segment, Marc Lichtenfeld, Chief Income Strategist at The Oxford Club, says investors should stay away from Steve Madden. Lichtenfeld notes the company has a healthy balance sheet, sales, and earnings but he doesn’t trust it.

To see why Marc doesn’t trust Steve Madden, watch the video.

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Talking Numbers: More bad news ahead for those trying to play gold this way: Strategists

Marc Lichtenfeld on CNBC

On CNBC’s Street Signs’ Talking Numbers, The Oxford Club’s Marc Lichtenfeld and FBN Securities’ JC O’Hara discuss the bad news ahead for gold, gold miners, and gold stocks in 2014 after the yellow metal closed the year down 28.6%

To see what Lichtenfeld and O’Hara think is coming up for gold, click here to watch the video.

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Talking Numbers: 112 year-old company outperformed Tesla in the last 6 months

On CNBC’s Street Signs’ Talking Numbers segment, US Steel is analyzed from the fundamentals and the technicals. Looking at the stock’s fundamentals is Marc Lichtenfled, Chief Income Strategist at The Oxford Club. On the charts is Talking Numbers contributor Richard Ross, Global Technical Strategist at Auerbach Grayson.

To see what Lichtenfeld and Ross think is next for US Steel, click here to watch the video.

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Talking Numbers:What’s left to like in Cisco? How about this: Strategist

On CNBC’s Street Signs’ Talking Numbers segment, the stock is analyzed from the fundamentals and the technicals. On the fundamentals is Marc Lichtenfeld, Chief Income Strategist for The Oxford Club, gives the fundamental reasons why he thinks Cisco is a buy.

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“Take the money and run” on this stock

Is the recent price markup in the stock a reason to bail out now or is the momentum just beginning?

Marc Lichtenfeld appeared on Talking Numbers to give his take:

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