Bank Of America Stock Forecast Based On A Predictive Algorithm
Bank of America Corporation (NYSE:BAC) is a household name in the United States and for good reason. By assets alone, it is the nation's second biggest bank. By Forbes' 2010 definition, it is the third largest company in the world. Where numbers are concerned, BAC seems sufficient: it services 50 million customers, possesses 5151 banking centers, holds 16259 ATMs, operates within all 50 US states, and maintains a presence in more than 40 other countries. Despite these solid statistics, BAC has faced continued controversies and lawsuits since 2008. The financial consequences and ethical implications of these events - particularly when taken alongside the United States housing crisis - make BAC a problematic investment, as I Know First Research confirms with its 1-month, 3-month, and 1-year forecasts.
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