In the following video, Motley Fool financial analysts Matt Koppenheffer and David Hanson take a look at Bank of America (NYSE: BAC ) over the course of the last 15 years and discuss why this bank lost money for investors who held it over that long-term period, even including dividends.
While Bank of America was not the worst-performing big bank over that time period, Matt highlights two big high-risk acquisitions the bank made, of Countrywide and Merrill Lynch, that brought the bank's performance down significantly over that period.
Despite these skeletons in Bank of America's past, the stock doubled in 2012. Is there more yet to come? With significant challenges still ahead, it's critical to have a solid understanding of this megabank before adding it to your portfolio. In The Motley Fool's premium research report on B of A, analysts Anand Chokkavelu, CFA, and Matt Koppenheffer, Financials bureau chief, lift the veil on the bank's operations, including detailing three reasons to buy and three reasons to sell. Click here now to claim your copy.