Tuesday, July 3, 2007

Bank of America Corp.

Bank of America Corp. is among the world’s largest Other Diversified Financial Services sector businesses in the world. Bank of America Corp.’s employees generate $21.402B in profits on $68.069B of revenue. Global output in the Other Diversified Financial Services business will likely rise substantially over the next 10 years. Long-term economic growth may lift all boats, but Bank of America Corp. is determined to remain a market leader. Sectoral leadership in the Other Diversified Financial Services segment takes dedication and consistency, but management seeks out-sized growth.

Bank of America Corp.’s ticker symbol BAC has recently been trading near $49.29 a share. The Bank of America Corp. corporate headquarters in Charlotte, NC predicts Other Diversified Financial Services profits will satisfy shareholders in search of risk-appropriate returns.

The significance of market volume is sometimes ignored, but with a total market capitalization of $218.738B ensures sufficient liquidity. With a beta of 0.29, the company is less volatile than the market as a whole. When the average equity moves lower, Bank of America Corp. moves less aggressively.

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