Top Cheap Companies To Invest In 2015

Top Cheap Companies To Invest In 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 a! nd is based in Charlott e, North Carolina.

Advisors' Opinion:

• [By Jay Jenkins]

  This week,Bank of America (NYSE: BAC  ) became the first major U.S. financial institution to cover the digital currency Bitcoin. In the report, analyst David Woo estimated a maximum fair value of $1,300 and a maximum market capitalization of $15 billion.

• [By Jessica Alling]

  It's been a tough road for AIG (NYSE: AIG  ) , with the insurer taking a beating that's lasted a solid five years. But now that the company is back on its feet and operating on a better scale, it's focus may be more on recovering some of its losses. With that in mind, the insurer is back on track in its $10 billion case against Bank of America (NYSE: BAC  ) . A recent judgement put the case back in action, and in the video below, Motley Fool contributor Jessica Alling will discuss what the judgement means and why investors should pay attention.

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-cheap-companies-to-invest-in-2015.html