Billionaire Chris Rokos’ Top 15 Stock Picks

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8. Bank of America Corporation (NYSE:BAC)

Number of Hedge Fund Holders: 98

Rokos Capital Management’s Stake: $82.6 million     

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. The following elements highlight the company’s strong investment potential. Firstly, the report for the fourth quarter of 2024 showed enhanced metrics demonstrating financial strength, operational effectiveness, and a strong capacity to generate consistent returns. For instance, net income of $6.7 billion, or $0.82 per diluted share, compared to $3.1 billion, or $0.35 per diluted share, in the prior year. Secondly, the bank plans to inaugurate more than 165 financial centers by the end of next year in new prime locations. Moreover, the company is also launching the Affordable Housing Challenge 2025 to inform, educate, and attract the next generation of affordable housing professionals.

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