Shares of the largest U.S. banks have been on a tear over the past 15 months. However, yesterday, Bank of America (NYSE: BAC ) and Citigroup (NYSE: C ) shares took a beating, leaving many investors looking for answers and wondering if the rally has reached its peak. Is it time for investors to lock in gains and cash out?
In this video, Motley Fool banking analyst David Hanson reminds Fools to readdress their initial investment thesis to see if their investment stance has changed.
Bank of America's 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.