The market wasn't impressed with the first-quarter performance of Bank of America (NYSE: BAC ) , sending shares in the nation's second largest bank down by more than 5%. But the reality is that things are much better than they appeared at first. In the video below, Motley Fool contributor John Maxfield discusses one specific aspect of Bank of America's earnings that traders and analysts obviously either overlooked, or unfairly dismissed.
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.