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Bank of America Hits a New High

By Chris Hill – Jan 15, 2014 at 5:28PM

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Is now the right time to get in on Bank of America?

The following video is from Wednesday's edition of Investor Beat, in which host Chris Hill and Motley Fool analysts Bryan White and Matt Koppenheffer dig deep into the biggest business and investing stories from the market today.

Shares of Bank of America (BAC -1.29%) hit a new two-year high today, after fourth-quarter profits came in just shy of $3.5 billion. CEO Bryan Moynihan continues to rebuild B of A after the disastrous Countrywide acquisition back in 2008. In the lead story on today's Investor Beat, the guys whether discuss Bank of America is attractive at these levels, whether it has become the favorite of the big banks among investors, and what this space looks like as a whole.

Fool contributor Bryan White and Chris Hill have no position in any stocks mentioned. Matt Koppenheffer owns shares of Bank of America. The Motley Fool recommends and owns 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.




The Motley Fool recommends Bank of America. The Motley Fool owns 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 Stock Quote
Bank of America
BAC
$36.08 (-1.29%) $0.47
Dow Jones Industrial Average (Price Return) Stock Quote
Dow Jones Industrial Average (Price Return)
^DJI
$34,429.88 (0.10%) $34.87
S&P 500 Index - Price Return (USD) Stock Quote
S&P 500 Index - Price Return (USD)
^GSPC
$4,071.70 (-0.12%) $-4.87
NASDAQ Composite Index (Price Return) Stock Quote
NASDAQ Composite Index (Price Return)
^IXIC
$11,461.50 (-0.18%) $-20.95

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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