3 Banks Hit Hardest by the Sell-Off
In the following video, Motley Fool financials analysts Matt Koppenheffer and David Hanson discuss the market's downturn since Feb. 19. Matt tells us whether the banking sector as a whole had things better or worse than other sectors, why Flagstar Bancorp , Bank of America , and BofI Holdings got hit particularly hard, what it means that these stocks have a higher-than-average beta, and why you may need a strong stomach if you're bullish on these stocks.
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 three reasons to buy and three reasons to sell. Click here now to claim your copy, and as an added bonus, you'll receive a full year of FREE updates and expert guidance as key news breaks.
The article 3 Banks Hit Hardest by the Sell-Off originally appeared on Fool.com.David Hanson has no position in any stocks mentioned. Matt Koppenheffer owns shares of Bank of America. The Motley Fool recommends and owns shares of BofI Holding. It also 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.
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