In the video above, Fool.com analyst Anand Chokkavelu goes over three scenarios in which Bank of America (BAC -0.13%) could fall to $5. The upcoming fiscal cliff, Europe and China's economic situations, and the housing market recovery are all factors that could hit shares hard.
Looking at the banking sector as a whole, international issues will affect the big banks, like JPMorgan (JPM 0.49%) and Citigroup (C -0.32%) most dramatically. Domestic issues will be more significant for smaller banks like Regions Financial (RF 2.17%).
Bank of America is hands-down the most talked-about bank out there, which is why Anand has authored an in-depth premium research report in the hopes of educating and guiding investors on everything they need to know about this highly-complex company. The report details Bank of America's prospects, including reasons to buy and sell. As an added bonus, he'll provide a year's worth of key updates on the company as news develops. Click here now to access your copy today.
