Top 5 Long Term Stocks To Buy For 2015

Top 5 Long Term Stocks To Buy For 2015: 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 and 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 John Maxfield]

  This got me thinking: When bank analysts normally discuss relative bank sizes, they're referring to the balance sheet -- that is, the cumulative value of assets. But there are other metrics that denote size as well. With this in mind, I've drawn up the following table showing the respective sizes of the four largest banks on the S&P 500 (SNPINDEX: ^GSPC  ) -- the two previously mentioned plus Bank of America (NYSE: BAC  ) and JPMorgan Chase (NYSE: JPM  ) -- according to four variables: assets, market capitalization, deposits, and capital.

• [By John Maxfield]

  Shares of Bank of America (NYSE: BAC  ) are soaring today after an analyst at Morgan Stanley raised her price target on the nation's second largest bank by assets. While Betsy Graseck had previously issued a $13 target, in a note to clients this morning, she raised it to $16, equating to a 37% upgrade.

• [By Shayndi Raice]

  The Department of Justice and Bank of America(BAC) will go head-to-head Tuesday morning as the government attempts to hold the bank liable for allegedly misrepresenting the quality of loans sold to mortgage-finance firms Fannie Mae(FNMA) and Freddie Mac(FMCC).

• [By Matt Koppenheffer and David Hanson]

  When investors think about about Bank of America (NYSE: BAC  ) these days, the initial thoughts that usually come to mind are the bank's damaging legal woes and struggles since the financial crisis. Despite the challenges, B of A still has a very powerful underlying business model.

source from Top Penny Stocks For 2015:http://www.topstocksforum.com/top-5-long-term-stocks-to-buy-for-2015.html