Market Performance: November 27, 2023.

Stock futures dipped on Sunday evening as Wall Street looks to build on four straight positive weeks for the equity market.

Futures for the Dow Jones Industrial Average ticked down 38 points, or 0.1%.

Futures for the S&P 500 and Nasdaq 100 slipped about 0.2% each.

Wall Street is coming off the fourth-straight winning week for all three major averages, as stocks have rallied since the 10-year Treasury yield retreated from the 5% mark it briefly topped in late October.

Why Bank of America is a Top Stock for the Long-Term

Building an investment portfolio from scratch can be difficult, especially if you're new to investing. It's easy to feel overwhelmed with so many different investment options out there, but focusing on stocks that are set to outperform the market over the next 12 months is an excellent place to start.

Now, let's take a deep dive into a great stock that could be just the right addition to your portfolio.

Why You Should Pay Attention to Bank of America (BAC) Headquartered in Charlotte, NC, Bank of America Corporation (incorporated in 1874) is one of the largest financial holding companies in the United States.

With total assets worth $3.15 trillion as of Sep 30, 2023, it provides a diverse range of banking and non-banking financial services and products through 3,862 financial centers and 15,253 automated telling machines (ATMs) across the country.

1 Tech Stock That Has Created Many Millionaires, and Will Continue to Make More

Apple (AAPL -0.70%) has long been a prime example of what innovation and savvy business practices look like. After all, you don't get to be the world's most valuable public company by accident.

Apple's journey has revolutionized the tech world and made a lot of investors rich along the way. Since the beginning of 2003, Apple's total return has been over 8,800%.

Despite the successes Apple has experienced and the position it's in to continue this success, it's important for investors not to lose sight of the importance of diversification.

Apple should be part of a well-rounded stock portfolio, but it shouldn't be the bulk of it. Nobody can predict the future, and the last thing you want is for your future financial security to rest on the fate of a single company.

Embracing Apple's potential while maintaining a balanced portfolio will allow you to benefit from its growth while hedging yourself against the unpredictable nature of markets.

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