Bank Of Americ A Look At America - 903 Words

Bank of America: A Look at America’s #2 Bank ¬Ã‚ ¬Ã‚ ¬Ã‚ ¬Ã‚ ¬Ã‚ ¬Ã‚ ¬ By Finance for Managers Richard Bristow Professor Maria Perez Saint Leo University February 24, 2017 Since one of the largest positions in my investment portfolio is Bank of America, traded on the NASDAQ under the symbol (BAC), I decided to take and in-depth look at this company and hopefully see for myself why this stock and other financials have performed so well over the past few months. I also hope to educate myself more about BAC and financials in general, so that I can have a more detailed and meaningful conversation with my portfolio manager about why he chose BAC as my largest financial position. Abstract By definition, banks are: â€Å"A financial†¦show more content†¦It went on to mention that BAC had been struggling with regulatory changes from the previous administration, but that talk of deregulation by the new Trump administration could help improve BAC’s position moving forward. (The Wall Street Journal, 2017, n.d.). Now, according to the latest data from Investopedia, BAC’s Price to earnings ratio, (P/E) is 17.56, which is a high, and I like to keep P/E ratios for companies that I invest in at lower than 14, but since a lot of this growth has occurred since my initial investment, I am ok with its high P/E ratio, although BAC may be a stock that needs to be considered for profit taking by any investor who bought this stock prior to last year. Another consideration for a potential BAC investor is the fact that BAC pays a dividend. Before an investor should consider buying or selling a stock, it should always contemplate how dividends should be incorporated in that decision. BAC current pays a 1.44% annual dividend. (Investopedia, 2016, n.d.). While 1.44% may not seem like a lot, it is attractive to me as an investor because that extra percentage can cover a large portion of the fees involved with trading stocks. I think people tend to overlook these important details when considering an inv estment. In general BAC and financials have had a really good run and many may seem expensive compared to other investments,Show MoreRelatedHc A Influence On Healthcare1998 Words   |  8 PagesHCA’s History Hospital Corporation of Americ (hca) HAS A PWERFUL INFLUENCE ON HEALTHCARE IN America. Founded in 1968 by three men, Dr. Thomas Frist Sr MD, Thomas Frist Jr, MD and Jack Massey Dr, â€Å"is on of the largest for profit healthcare providers in the world,† says Bob Herman (2014). The headquater for HCA is in Nashville, Tennessee. The first hospital by HCA Park View Hospital in Nashville, with a scope to expand, and subsequently generating the hospital institutin, HCA. Mnay mergers andRead More African Minkisi and American Culture Essay6248 Words   |  25 Pagesanything less than complicated. At first the minkisi seem â€Å"savage†. â€Å"Until quite recently, our (the Western world) response to these objects was purely visual with little or no understanding of history, meaning, and function† (Williams, 14). But when you look at the whole picture, they are really fascinating. The second conclusion I have come to is that because these items are kind of fascinating, I can see why they are not only collected for their aesthetic worth, but how they archaeologists and other