With the advent of QE3, money is flowing into risky assets, including the hated financial sector. The big picture, however, is that financial stocks there have been left for dead while many other stocks have flourished. In today's video, Paul and Matt look at big banks, which have drawn a lot of ire from the public.
Surprisingly, these banks have materially improved from the crisis days. Their balance sheets are stronger, and their loan books are improving. While nobody will every truly know exactly what's on bank balance sheets, they have been improving for several years, and valuations are also down across the board. Watch the following video for the full details.
To learn more about the most-talked-about bank out there, check out our in-depth company report on Bank of America. The report details Bank of America's prospects, including three reasons to buy and three reasons to sell. Just click here to get access.
