Big Bank Stocks: Bank of America (BAC) & Morgan Stanley (MS)
b'Investment banking and trading activity is softer, but lending activity is picking up, says Chuck Lieberman. He points out Bank of America (BAC) did a good job of keeping its costs pretty flat and Morgan Stanley (MS) also managed costs well. This factor helped the price of those stocks go higher today. He likes the cheaper stocks and points out Well Fargo (WFC) and Citigroup (C).'