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Stock impact report

If You'd Invested $1,000 in Bank of America 5 Years Ago, Here's How Much You'd Have Today [Yahoo! Finance]

Bank of America Corporation (BAC) 
Last bank of america corporation earnings: 4/15 06:45 am Check Earnings Report
US:NYSE Investor Relations: investor.bankofamerica.com
Company Research Source: Yahoo! Finance
Not all investments yield the same results, which is why for many investors, it makes sense to set aside a portion of your portfolio to invest in market-tracking index funds and exchange-traded funds (ETFs) and benefit from the market's overall rise. Some single stock investments have made millionaires, and others can still be valuable for balancing risk. If you had invested $1,000 in Bank of America (NYSE: BAC) stock five years ago, where would it be today? One of Buffett's favorite stocks Bank of America, or BofA, is the second-largest U.S. bank by assets and one of Warren Buffett's favorite stocks . It accounts for 10.1% of Berkshire Hathaway 's equity portfolio, making it its second-largest position. Buffett loves bank stocks, but BofA is his favorite. Banks have a lot of cash, which in general provides stability and gives them the opportunity to fund ventures and loans and create the cycle of economic growth. It also funds dividends, which many banks pay, and which create Show less Read more
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