Bank of America: $10 a Share Is Still Undervalued
The following video is part of our "Motley Fool Conversations" series, in which senior analyst Anand Chokkavelu, CFA, discusses topics across the investing world.
Bank of America has been on quite a tear recently, causing some investors to wonder if it's too late to buy shares. Anand doesn't think so. He thinks it's still a buy at $10 a share, but only for those who can tolerate the many risks inherent in B of A.
The financial heavies are getting a lot of press these days. And much of it is negative. But there's one small bank that's flying under the radar. It has some of the best operational numbers you'll ever see. The Motley Fool has featured it in its brand-new free report: "The Stocks Only the Smartest Investors Are Buying." We invite you to download a free copy. To find out the name of the bank Buffett would probably be interested in if he could still invest in small banks, just click here.
At the time this article was published Anand Chokkavelu, CFA, owns shares of Bank of America and BAC (LEAPS). The Motley Fool owns shares of Bank of America. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.