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Time to Buy Bank of America?

By Chris Hill – May 7, 2013 at 5:40PM

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Bank of America stock hits a two-year high. Is it time to buy?

The following video is from Tuesday's MarketFoolery podcast, in which host Chris Hill, along with analysts Jason Moser and Matt Koppenheffer, discuss the top business and investing stories of the day.

Shares of Bank of America (BAC 0.63%) hit a two-year high on Tuesday in the wake of a $1.6 billion settlement with mortgage insurer MBIA (MBI 1.36%). Shares of MBIA were up big on the news, too. In this installment of MarketFoolery, our analysts discuss what the settlement means for investors.

Bank of America's stock doubled in 2012. Is there more yet to come? With significant challenges still ahead, it's critical to have a solid understanding of this megabank before adding it to your portfolio. In The Motley Fool's premium research report on B of A, analyst Anand Chokkavelu, CFA, joins Matt to lift the veil on the bank's operations, including detailing three reasons to buy and three reasons to sell. Click here now to claim your copy.

The relevant video segment can be found between 6:12 and 10:16.

For the full video of today's MarketFooleryclick here .

Chris Hill and Jason Moser have no position in any stocks mentioned. Matt Koppenheffer and The Motley Fool own shares of Bank of America. We Fools don't 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.

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