The Smartest Stocks to Buy With $100 in 2022

The Smartest Stocks to Buy With $100 in 2022

If you're an investor who appreciates brand-name companies and solid value stocks, Bank of America (NYSE: BAC) is one of the smartest stocks you can buy with $100 right now. The first thing to understand about BofA (and bank stocks as a whole) is its cyclical nature. This is just a fancy way of saying that Bank of America tends to grow its loans outstanding and deposits when the U.S. and global economy are growing, and it struggles under the weight of rising loan delinquencies when recessions strike.