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Wednesday, October 12, 2011

Hot Stocks

Going into a record ninth day of this stock market rally, we have a number hot stocks worth mentioning today.

Financial stocks were strong, Bank of America (BAC:NYSE) hit +3.3% closing at $6.58 after selling off from the highs.

Bank of America Corporation (Bank of America) is a bank holding company, and a financial holding company. Bank of America is a financial institution, serving individual consumers, small and middle market businesses, corporations and governments with a range of banking, investing, asset management and other financial and risk management products and services. 

Sprint managed to add an impressive +7.9% and closed at $2.57. This moves comes after a sharp sell off from last week when the stock was as hihg as $3.39.

Sprint Nextel Corporation (Sprint) is a holding company, with its operations primarily conducted by its subsidiaries. Sprint is a communications company offering a range of wireless and wireline communications products and services for individual consumers, businesses, government subscribers and resellers. The Company operates in two business segments: Wireless and Wireline. Sprint offers wireless and wireline voice and data transmission services to subscribers in all 50 states, Puerto Rico and the United State’s Virgin Islands.




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