Let's be honest, it hasn't been a good few weeks for Bank of America (NYSE: BAC). Among other things, it reported seemingly lackluster third-quarter earnings and was recently sued by the United States Justice Department. These things aside, Fool contributor John Maxfield believes there are actually many more reasons for investors in the bank to be optimistic. In the video below, he even discusses why its share price could double over the next year.
A Different Spin on Bank of America
By John Maxfield – Oct 26, 2012 at 7:00PM
NYSE: BAC
Bank of America
Market Cap
$378B
Today's Change
(1.29%) $0.66
Current Price
$51.76
Price as of October 23, 2025 at 4:00 PM ET
Despite a flurry of purportedly bad news, here's why B of A may be headed higher.
About the Author
I write about banks, trying my best to balance the good and the bad.