After being sold and sworn off during the financial crisis, stocks in the financial sector have bounced back and seen some huge gains. Bank of America (NYSE:BAC) shares have more than doubled over the past 15 months, and Citigroup (NYSE:C) has been hot on the recovery trail. All of these gains may leave investors wondering if the sector is now overvalued.
In this video, Motley Fool banking analysts David Hanson and Matt Koppenheffer debate whether or not this sector is still undervalued, and why comparisons to years past may be a (small-f) fool's errand.
David Hanson has no position in any stocks mentioned. Matt Koppenheffer owns shares of Bank of America. The Motley Fool owns shares of Bank of America and Citigroup. 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.