The following video is part of our "Motley Fool Conversations" series, in which analyst John Reeves and advisor David Meier discuss topics across the investing world.
In this series, John and David will be revisiting some calls they made on individual stocks of the Dow. Today's stock is Bank of America, which has delivered the highest return among Dow stocks so far in 2012. One of the keys to Bank of America's success has been its ability to strengthen its balance sheet. The stock continues to trade at a relatively low price-to-tangible-book-value. David believes there's a lot of work to be done, but he still stands by his prediction that Bank of America will beat the market over the next five years.
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