Player 456
08-14

$Bank of America(BAC)$  

Bank of America remains one of America's dominant financial institutions, with enormous consumer banking, credit-card, wealth-management and corporate banking operations.

Its massive deposit base provides an important competitive advantage, while Merrill gives the group significant exposure to wealth management and investment services.

Banks will always be sensitive to interest rates, credit conditions and economic cycles, but BAC's scale and diversification make it fundamentally different from smaller regional banks.

Overall: BAC provides investors with exposure to one of America's strongest banking franchises. For those expecting continued long-term US economic growth and healthy capital markets, Bank of America remains a solid blue-chip financial holding.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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