5 Best Stocks To Buy Today

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In this article, we discuss the 5 best stocks to buy today. If you want to read our detailed analysis of these companies, go directly to the 10 Best Stocks to Buy Today.

5. Bank of America Corporation (NYSE:BAC)

Number of Hedge Fund Holders: 87

Bank of America is a very famous stock among the smart money. Bank of America Corporation (NYSE:BAC) is also a good investment for income investors as the North Carolina-based company increased its quarterly dividend payout by 17% to $0.21 from $0.18 in September 2021. Bank of America Corporation (NYSE:BAC) offers a dividend yield of 1.76%.

Shares of Bank of America Corporation (NYSE:BAC) climbed 2.5% on October 14 following the announcement of its Q3 earnings. The company’s revenue in the third quarter grew 12% year over year to $22.8 billion. On October 15, Evercore ISI analyst Glen Schorr raised his price target for the bank stock to $48 from $43 with an Outperform rating. 

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