Why Bank of America's Shares Are Holding Up So Well
Over the past two weeks, shares of some of the nation's largest banks have taken a beating. JPMorgan Chase's are down 5.6% and Citigroup's by 6.5%. The one exception is Bank of America , which is roughly flat over the same time period. In the video below, Motley Fool contributor John Maxfield discusses why Bank of America has held up so much better than its peers.
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, analysts Anand Chokkavelu, CFA, and Matt Koppenheffer, Financials bureau chief, 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 article Why Bank of America's Shares Are Holding Up So Well originally appeared on Fool.com.John Maxfield owns shares of Bank of America. The Motley Fool owns shares of Bank of America, Citigroup, and JPMorgan Chase. 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.