Frank Jolley.

• Position: FEATURE

FRANK JOLLEY president, Jolley Asset Management LC, Rocky Mount

BANK OF AMERICA CORP.

The bank's continued earnings recovery under CEO Brian Moynihan, who has led the financial institution since 2009, should allow for above-average dividend increases over the next several years. Plus, its stock appears undervalued. In late November, it was approximately 12 times this year's estimated earnings and only 76% of book value.

P/E RATIO 28.3

YIELD 0.3%

BETA 2.26

SPEEDWAY MOTORSPORTS INC.

Though attendance at NASCAR races hasn't returned to pre-recession levels, a new eight-year TV contract should boost the revenue of Concord-based Speedway Motorsports, which owns and operates eight U.S. racetracks, over the next few years. The stock offers total-return potential as the company pays a good dividend and shares are about 50% below what they were trading at in 2007.

P/E RATIO na

YIELD 3.0%

BETA 0.70

NUCOR CORP.

Charlotte-based Nucor is a low-cost producer of steel and steel products that has an...