Sadly, past returns are not indicative of future returns. Bank of America (NYSE: BAC ) investors were undoubtedly thrilled to see the bank's share price double in 2012. However, going forward, does the stock have any more room to run?
Since the new year, the stock has lagged the market and most its main competitors, and some investors may be wondering if now is the time to sell the megabank.
In this video, Motley Fool banking analysts David Hanson and Matt Koppenheffer remind investors to temper their expectations for the stock and why it still may be a great investment to hold.
However, 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.