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Why Is Bank of America Stuck in the Basement?

By David Hanson and Matt Koppenheffer - Apr 22, 2013 at 9:02PM

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After doubling in price last year, shares of B of A have lagged the market in the 2013.

Sadly, past returns are not indicative of future returns. Bank of America (BAC 0.95%) investors were undoubtedly thrilled to see the bank's share price double in 2012. However, going forward, does the stock have any more room to run?

Since the new year, the stock has lagged the market and most its main competitors, and some investors may be wondering if now is the time to sell the megabank.

In this video, Motley Fool banking analysts David Hanson and Matt Koppenheffer remind investors to temper their expectations for the stock and why it still may be a great investment to hold. 

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Bank of America Corporation Stock Quote
Bank of America Corporation
BAC
$37.02 (0.95%) $0.35

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