In this video from Thursday's Boxing Day edition of Investor Beat, host Chris Hill and Motley Fool financials analyst Matt Koppenheffer take a look at Bank of America (NYSE:BAC), and Matt tells investors why he'll be watching this stock in the coming year.
Matt highlights just how well Bank of America has performed since the financial crisis despite being one of the most litigated against of the big banks in the wake of the crisis, and despite the billions of dollars it has paid out in settlements. Now that the litigation may finally be winding down, Matt will be looking out into 2014 to see if Bank of America can grow and thrive again. But Matt also notes that for investors eager to have all of Bank of America's settlements completely behind it, quite a bit more patience will be required.
Chris Hill has no position in any stocks mentioned. Matt Koppenheffer owns shares of Bank of America. The Motley Fool recommends Bank of America. The Motley Fool owns shares of Bank of America. 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.