Hot Safest Stocks To Buy For 2015

Hot Safest 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 i! s based in Charlott e, North Carolina.

Advisors' Opinion:

• [By Shayndi Raice]

  Bank of America Corp.(BAC) Chief Executive Brian Moynihan said the U.S. housing market is “fairly stable” at a Wall Street Journal event in New York Wednesday.

• [By Jessica Alling]

  With the speculation over changes in Fed policy driving a lot of the activity in the market these days, it's important for investors to know how rising interest rates will affect various companies. With the Big Four banks -- Bank of America (NYSE: BAC  ) , Citigroup (NYSE: C  ) , JPMorgan (NYSE: JPM  ) , and Wells Fargo (NYSE: WFC  ) -- being the most visible in the market, the coming normalization of interest rates is sure to drive changes going forward.

• [By Jessica Alling]

  Financials are getting a much-needed bump this morning after growing support for new legislation seemed to weigh them down in the past few days of trading. Bank of America (NYSE: BAC  ) is up 1%. The bank falls into a category within the legislation that would require it to hold 15% of its assets in capital reserves -- a hefty amount, considering that the current regulations require 7%, with an additional 2.5% required if the bank is deemed to be growing too large.

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/hot-safest-stocks-to-buy-for-2015-3.html