After a blistering rise in 2012, Bank of America's (NYSE: BAC ) stock price has lagged the market in 2013 and took a beating after reporting disappointing first-quarter results.
Investors are beginning to voice concerns over the bank's ability to grow revenue in the long term. However, despite current weakness, the bank may be well positioned to deploy its stronger balance sheet in the future.
In this video, Motley Fool banking analyst Matt Koppenheffer tells investors that taking a short-term view of the bank's books may be small-"f" foolish.
After the small pull-back, is now the time to buy Bank of America? 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.