Portfolio Killers: 8 Zombie Stocks to Avoid

Zombie Stock #2: Bank of America (BAC)

In the past year, Bank of America CEO Ken Lewis lost his mind and bought not just failed mortgage company Countrywide, but failing
investment bank Merrill Lynch, killing his shareholders and turning his company into the largest zombie around.

Forget his bravado – the company has huge problems and is fast becoming a ward of the state.

True shareholder value: maybe a buck

NEXT: Zombie Stock #3 – Citigroup