Bank stocks, like Bank of America (NYSE: BAC ) and Citigroup (NYSE: C ) , beat the market in 2013, and some believe the stocks are regaining their allure to the broader market. In this segment of The Motley Fool’s financials-focused show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson are joined Motley Fool One analyst Morgan Housel to discuss the resurgence of bank stocks and why the larger banks still look attractive on a valuation basis.
One thing that could trip up the big banks
The traditional bricks-and-mortar bank will soon go the way of the dodo bird -- into extinction, that is. This sounds crazy, but it's true. Every single one of the nation's biggest banks are dramatically reducing branch counts and overhauling the ones left behind. But despite these efforts, they're still far behind a single and comparatively tiny lender that's already leapt into the future. Since the beginning of 2012 alone, this company's shares are already up more than 250%. And they're bound to go higher. To download our free report revealing the identity of this stock, all you have to do is click here now.
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