Investor Beat, Jan. 15, 2014
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 hit a 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 discuss whether 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.
Then, the guys look at four stocks making moves on the market today. Tesla Motors continues its upward climb after Tuesday's announcement that deliveries in the fourth quarter came in 20% higher than expected. Mattress Firm Holding popped big today, up 46% on a rise in third-quarter profits, even though the stock tanked in Q2. Control4 was up big for the second day in a row in the wake of Google's acquisition of Nest. Control4 offers a range of automated products for the home, including thermostats and security. And 3-D printing company ExOne is down today after lowering its 2013 revenue outlook by more than 15%.
And finally, Bryan discusses why the net neutrality rules that were just struck down could have an enormous financial impact on Netflix, while Matt looks at Citigroup and its upcoming earnings report, and how this big bank differs from the rest of the Big Four.
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The article Investor Beat, Jan. 15, 2014 originally appeared on Fool.com.Fool contributor Bryan White and Chris Hill have no position in any stocks mentioned. Matt Koppenheffer owns shares of Bank of America and Citigroup. The Motley Fool recommends Bank of America, ExOne, Google, Netflix, and Tesla Motors and owns shares of Bank of America, Citigroup, ExOne, Google, Netflix, and Tesla Motors. Try any of our Foolish newsletter services free for 30 days. 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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