Keep Your Eye on Bank of America in 2014

In this video from Thursday's Boxing Day edition of Investor Beat, host Chris Hill and Motley Fool financials analyst Matt Koppenheffer take a look at Bank of America (NYSE: BAC  ) , and Matt tells investors why he'll be watching this stock in the coming year.

Matt highlights just how well Bank of America has performed since the financial crisis despite being one of the most litigated against of the big banks in the wake of the crisis, and despite the billions of dollars it has paid out in settlements. Now that the litigation may finally be winding down, Matt will be looking out into 2014 to see if Bank of America can grow and thrive again. But Matt also notes that for investors eager to have all of Bank of America's settlements completely behind it, quite a bit more patience will be required.

Many investors are terrified about investing in big banking stocks after the crash, but the sector has one notable stand-out. In a sea of mismanaged and dangerous peers, it rises above as "The Only Big Bank Built to Last." You can uncover the top pick that Warren Buffett loves in The Motley Fool's new report. It's free, so click here to access it now.


Read/Post Comments (5) | Recommend This Article (12)

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  • Report this Comment On December 30, 2013, at 12:22 PM, stefansky99 wrote:

    When you say Bank of America I puke in my pants. Several years ago before the financial crisis, I bought 6000 shares of BAC at $38 per share. The share today is at $15.50. Will the shares ever recover. NO WAY! Have they paid out dividends? Hell NO!

    You must have your head somewhere other than on top. I DO NOT RECOMMEND BANK OF AMERICA shares.

  • Report this Comment On December 30, 2013, at 12:28 PM, mweston81 wrote:

    Keep your on on them becuase they figured out a new scam to screw us out of butt loads of money

  • Report this Comment On December 30, 2013, at 1:50 PM, airjackie wrote:

    Hint Analysis are paid to lie. BOA will continue to have lawsuits for the crimes committed and continue to do. Moynihan is a disgrace and sad that he and other Board members have destroyed the good/honest name of Bank of America. Few bother to research but BOA was created joined by AP Giannini and Orra Monnette. The mission was helping minorities as AP had a immigrant Dad from Italy. BOA even loaned a young man name Disney to produce the movie Snow White. But now the BOA is criminal with no ethics.

  • Report this Comment On December 30, 2013, at 3:33 PM, cooksey wrote:

    Hugh McColl started the demise and his buddy Ken Lewis totally finished it off with his purchase of Country Wide. As a "good ole boy" competition he had to prove to Hugh that he could recklessly expand the company as Hugh had done. Brian Moynihan just might be our savior in the end.

  • Report this Comment On December 31, 2013, at 9:47 AM, Thermodude wrote:

    You say this with a straight face Fool?

    The ONLY reason BOA is performing is because they slashed like what? 6000 people from their headcount and you say they're outperforming their peers?

    Man I'm glad your not on NPR anymore...

    Idiots...

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