Let's be honest, it hasn't been a good few weeks for Bank of America (NYSE: BAC). Among other things, it reported seemingly lackluster third-quarter earnings and was recently sued by the United States Justice Department. These things aside, Fool contributor John Maxfield believes there are actually many more reasons for investors in the bank to be optimistic. In the video below, he even discusses why its share price could double over the next year.
Despite a flurry of purportedly bad news, here's why B of A may be headed higher.
About the Author
I write about banks, trying my best to balance the good and the bad.
