10 Best Spring Stocks To Buy Now

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3. Bank of America Corporation (NYSE:BAC)

Number of Hedge Fund Holders: 98    

Bank of America Corporation (NYSE:BAC) provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments. In its fourth-quarter earnings, the company reported a total revenue of $25.3 billion, a 15% increase driven by growth in asset management, investment banking fees, and sales and trading revenue. On January 10, the company announced that its Consumer Investments business had surpassed $500 billion in client assets, marking a more than 10-fold increase since its inception a decade ago. This includes nearly 4 million client accounts with Merrill Edge Self-Directed and Merrill Guided Investing, built on Merrill’s industry-leading technology and investment offerings.

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