$15.95 -0.15 (-0.93%)
11/25/2009 4:03 PM

Bank of America Corp (BAC)

CAPS Rating: 3 out of 5

The Company through its subsidiaries, provide banking & nonbanking financial services and products through three business segments: Global Consumer and Small Business Banking, Global Corporate & Investment Banking & Global Wealth & Investment Management.

Recs

3
Member Avatar pardnerincrime (< 20) Submitted: 3/21/2007 10:35:36 PM : Outperform Start Price: $46.05 BAC Score: -47.43

BAC is the IBM of bank stocks: solid, necessary and is secure in its spot in financials. P/E is 10.84. Has great dividends; dividend reinvestment assures additional growth especially for long-term hold. Its target is higher than what i expect it will be, as i see it settling in around $58-$62. It's a keeper stock and can only add strength and income to my portfolio. I agree with the analysts consensus: "Strong buy/Buy/Hold". I say hold forever.

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