In today's ­first round match-up of The Motley Fool Better-Buy Tournament, Bank of America squares off against Alcoa in a battle to determine which stock is the better buy now. The 64-company tournament pits two Motley Fool analysts against each as they make the case for their stocks with the winner determined by you, the readers.

Motley Fool banking analyst David Hanson believes Bank of America (NYSE:BAC) should move on to the next round because of its cheap valuation relative to its potential performance in the coming years. David also argues the bank's effort to return more capital to shareholders via dividends and share buybacks will be a significant catalyst. Ultimately, David believes Bank of America's business model is unmatched and capable of surviving the next downturn.

Motley Fool energy analyst Taylor Muckerman thinks Alcoa (NYSE:AA) should move on to the next round because of the growing trend in the automobile sector to transition from heavier steel to more fuel-friendly aluminum. On top of this, management has made some very prudent, but difficult, decisions to put the company in a position to succeed with lower cost and higher performing operations.

Watch these analysts square off in the video below and then vote for a winner. Then check out the other companies in the Motley Fool Better-Buy Bracket

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Cast your vote in the poll below the video!

David Hanson has no position in any stocks mentioned. Taylor Muckerman has no position in any stocks mentioned. The Motley Fool recommends Bank of America. The Motley Fool owns shares of Bank of America. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.