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1 Magnificent Dividend Stock Down 16% to Buy and Hold Forever


Do falling stock prices make great buying opportunities? Like most things in life, it depends. A stock with a proven track record and excellent prospects that is falling based on short-term external headwinds -- well, that sounds like a bargain buying opportunity to me.

Add a juicy dividend and a huge thumbs-up from Warren Buffett, and I think you've found a great candidate for your portfolio.

With that introduction, let's talk about Bank of America (NYSE: BAC) and why you might want to buy the stock right now.

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Source Fool.com

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