The Best Thing I Saw in Bank of America's Earnings Report

By Anand Chokkavelu, CFA | More Articles
January 21, 2012 | Comments (1)

The following video is part of our "Motley Fool Conversations" series, in which senior analyst Anand Chokkavelu discusses topics around the investing world.

Bank of America reported earnings last week, and Anand checks in with the best thing he saw in the earnings report.

Bank of America and other financial heavies are getting a lot of press these days. And much of it is negative. But there's one small bank that's flying under the radar. It has some of the best operational numbers you'll ever see. The Motley Fool featured it in its brand-new free report: "The Stocks Only the Smartest Investors Are Buying." We invite you to download a free copy. Just click here to find out the name of the bank Warren Buffett would be interested in if he could still invest in small banks.

The Steve Jobs Betrayal
You may already know that in the final year of his life, Jobs revealed a stunning betrayal — and told his biographer, "I will spend my last dying breath... and every penny of Apple's $40 billion in the bank to right this wrong." What was it that made Jobs so irate — and why could it make a few in-the-know investors some major profits over the coming months and years?

Enter your email address below to find out what made Jobs so enraged!

Anand Chokkavelu owns shares of Bank of America, JPMorgan Chase, Wells Fargo, and Citigroup. He also owns warrants in JPMorgan Chase, Wells Fargo, and Citigroup and long-dated options in Bank of America. The Motley Fool owns shares of JPMorgan Chase, Wells Fargo, Citigroup, and Bank of America and has created a covered strangle position on Wells Fargo. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Read/Post Comments (1) | Recommend This Article (10)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment icon found on every comment.

Report this Comment On January 21, 2012, at 1:51 PM, jlogsdo wrote:

I have a significant BAC holding at $6.56 a share. Buffet is at $6. We are significantly understating the positive movement of the US economy as shown by the auto industry's significant improvement last year (to the detriment of Toyota and Honda), banking growth in earnings, housing industry improvements, and the biggest key of all - energy! Do you see a downside to the latter half of this year? If so, where?

Add your comment.

Compare Brokers

Fool Disclosure

DocumentId: 1762607, ~/Articles/ArticleHandler.aspx, 5/27/2012 2:31:15 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 1 day ago Sponsored by:
	DOW	12,454.83	-74.92	-0.60%
	S&P 500	1,317.82	-2.86	-0.22%
	NASD	2,837.53	-1.85	-0.07%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes