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Nice to have some positive press

Best of the banks: In banking, Holowesko likes Bank of America (BAC, news, msgs), the nation's largest. "Most banks around the world are hedge funds in disguise," he asserts, whereas this continent-spanning giant, created out of BankAmerica on the West Coast and NationsBank in the east, is still a bank. "They don't have sexy numbers, but it's a fantastic franchise," he says, and the stock trades at a 40% discount to other banks.

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