Best Cheap Companies To Invest In 2016

Best Cheap Companies To Invest In 2016: Bank of America Corporation(BAC)

Bank of America Corporation, a financial holding company, provides banking and nonbanking financial services and products to individuals, small- and middle-market businesses, large corporations, and governments in the United States and internationally. The company?s Deposits segment generates savings accounts, money market savings accounts, certificate of deposits, and checking accounts; and Global Card Services segment provides the U.S. consumer and business card, consumer lending, international card and debit card services. Its Home Loans & Insurance segment offers consumer real estate products and services, including mortgage loans, reverse mortgages, home equity lines of credit, and home equity loans. It also provides property, disability, and credit insurance. The company?s Global Commercial Banking segment offers lending products, including commercial loans and commitment facilities, real estate lending, leasing, trade finance, short-term credit, asset-based lending, and indirect consumer loans; and capital management and treasury solutions, such as treasury management, foreign exchange, and short-term investing options. Its Global Banking & Markets segment provides financial products, advisory services, settlement, and custody services; debt and equity underwriting and distribution, merger-related advisory services, and risk management products; and integrated working capital management and treasury solutions. The company?s Global Wealth & Investment Management segment offers investment and brokerage services, estate management, financial planning services, fiduciary management, credit and banking expertise, and asset management products. Bank of America Corporation serves customers through a network of approximately 5,900 banking centers and 18,000 automated teller machines. It was formerly known as NationsBank Corporation an! d changed its name on October 1, 1998. Bank of America Corporation was founded in 1874 and is based in Charlott e, North Carolina.

Advisors' Opinion:

• [By WWW.DAILYFINANCE.COM]

  #fivemin-widget-blogsmith-image-478728{display:none}.cke_show_borders #fivemin-widget-blogsmith-image-478728,#postcontentcontainer #fivemin-widget-blogsmith-image-478728{width:570px;display:block} At the annual International Consumer Electronics Show, it's traditional to hear announcements of the most amazing things, some of which are so amazing that it's hard to believe they might happen. For example, Windows tablets have yet to put the sales of iPads to shame. Past announcements of smartwatches never saw them become a must for the fashion conscious. This year, perhaps one of the most eyebrow-raising claims belonged to Comcast (CMCSA) (CMCSK). "We expect that customer service will soon be one of our best products," said CEO Neil Smit, according to tech blog BGR. That would be one astonishing turnaround. Although, as BGR put it, "Considering the quality of most of Comcast's products, this wouldn't be very difficult to achieve." In "The Prince," Machiavelli once debated whether it was better for a leader to be feared or loved. (He said both if possible, but if not, then feared.) What he didn't address so clearly was the utility of being hated. That's been Comcast's quandary, as the company has exceeded at being hated. It won -- if that's the right word -- Consumerist's audience poll of the most hated company in the country last year. That was the second time the largest cable television provider in the U.S. grabbed the crown, with 2010 being the first. Comcast beat out the likes of Monsanto (MON), Walmart (WMT) and Bank of America (BAC). It even bested SeaWorld (SEAS) after the scandalous Blackfish documentary. The reason? Bad customer service. No, make that service so terrible that it has gained national attention on more than one occasion in just the last year: A tech journalist reco! rded his ! attempt to cancel his Comcast service, as Time reported, while a "customer retention" specialist desperately tried to keep him from doing so. Another man had multi

• [By Matt Egan]

  Alcoa (AA), the aluminum maker, is set to unofficially start the earnings period on Monday evening. It'll be quickly followed by big banks like Bank of America (BAC), Citigroup (C), Goldman Sachs (GS) and JPMorgan Chase (JPM).

• [By Ben Levisohn]

  With the market getting hammered, however, no one’s willing to give JPMorgan the benefit of the doubt. Its shares have dropped 3% to $60.63 at 1:25 p.m. today, while Bank of America (BAC) has fallen 3% to $17.36 and Citigroup (C) is down 3.2% at $52.55.

source from Top Stocks For 2015:http://www.topstocksblog.com/best-cheap-companies-to-invest-in-2016.html