In the video above, Fool.com analyst Anand Chokkavelu goes over three scenarios in which Bank of America (NYS: BAC) could fall to $5. The upcoming fiscal cliff, Europe and China's economic situations, and the housing market recovery are all factors that could hit shares hard.
Looking at the banking sector as a whole, international issues will affect the big banks, like JPMorgan (NYS: JPM) and Citigroup (NYS: C) , most dramatically. Domestic issues will be more significant for smaller banks like Regions Financial (NYS: RF) .
Bank of America is hands-down the most talked-about bank out there, which is why Anand has authored an in-depth premium research report in the hopes of educating and guiding investors on everything they need to know about this highly-complex company. The report details Bank of America's prospects, including reasons to buy and sell. As an added bonus, he'll provide a year's worth of key updates on the company as news develops. Click here now to access your copy today.
The article 3 Ways Bank of America Could Fall to $5 originally appeared on Fool.com.
Anand Chokkavelu has no positions in the stocks mentioned above. The Motley Fool owns shares of Bank of America, Citigroup Inc , and JPMorgan Chase & Co. 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.
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