The Federal Reserve will release tomorrow the results of its 2013 stress tests of the nation's largest financial institutions. In an article published earlier today, Fool contributor John Maxfield explained why he believes that Bank of America (BAC 1.79%) will pass the test with flying colors. John expands on that take in the video below.
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B of A's chances at passing the stress tests look very good.
John Maxfield and The Motley Fool own shares of Bank of America. 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.
Stocks Mentioned
Bank of America
BAC
$45.02
(1.79%)
$0.79
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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