In the following video, Motley Fool financials analyst David Hanson responds to a Fool reader on Facebook, who writes, "Citigroup (NYSE: C) is much better than Bank of America (NYSE: BAC) -- better PEG/PE." David tells investors why looking at the price to earnings ratio may not be the best way to evaluate banks because bank earnings are often very lumpy. Instead, he gives us a better way to measure banking stocks that will show which of these two banking giants is truly the better buy.
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.