In the following video, Motley Fool financial analysts Matt Koppenheffer and David Hanson take a look at Bank of America over the course of the last 15 years and discuss why this bank lost money for investors who held it over that long-term period, even including dividends.
While Bank of America was not the worst-performing big bank over that time period, Matt highlights two big high-risk acquisitions the bank made, of Countrywide and Merrill Lynch, that brought the bank's performance down significantly over that period.
Despite these skeletons in Bank of America's past, the 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 Has Lost You Money Over the Last 15 Years 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 Wells Fargo. The Motley Fool owns shares of Bank of America, JPMorgan Chase, and Wells Fargo. 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.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.