ONE IDEA.Name: Paul D. Taylor Home: Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. Age: 36 Occupation: Hopeful Financial Adviser One idea: Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. Taylor, who is studying to take the Series Seven securities exam, says he likes Charlotte, N.C.-based Bank of America and would purchase the company again if he could afford it. He purchased 10 shares in 1990 for $10 a share and sold them two years later at $30. Quote: ``I wish I never sold them when they were around $30. Instead I should have invested more. If I could, would buy it again. I can depend on steady growth from Bank of America.'' Ticker ticker An automated quotation system on which security transactions are reported after they occur on an exchange floor. Even though the newer systems are electronic and no longer actually tick, the name of the old mechanical device has stuck. : BAC BAC abbr. blood alcohol concentration Friday's close: $54.063 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion