12 Best Big Name Stocks to Invest in Now

10. Bank of America Corporation (NYSE:BAC)

Number of Hedge Fund Holdings: 98

Bank of America Corporation (NYSE:BAC) is one of the largest financial institutions in the world that provides a wide range of banking, investing, and financial services to individuals, businesses, and governments. Through its flagship Merrill investment arm, the company serves high-net-worth individuals with wealth management services. The bank has a strong presence in the United States and a significant global footprint.

Bank of America Corporation (NYSE:BAC) has been working to grow its consumer banking business, with a focus on increasing deposits, improving customer engagement, and expanding its product and service offerings. The company has seen success in this area, with deposit growth accelerating in recent quarters, and customer satisfaction scores reaching record highs. Bank of America Corporation (NYSE:BAC) has also been investing in its wealth management business, with a focus on expanding its advisory services, and assets under management.

Looking ahead, Bank of America Corporation (NYSE:BAC) is well-positioned to continue driving growth and expansion. The bank’s management team has outlined a clear strategy for growth, with a focus on investing in digital capabilities, expanding financial services offerings, and enhancing the customer experience.