The Most Underrated Dow Stock
After looking through each stock on the Dow Jones Industrial Aveage and what both Wall Street and our own CAPS community expected out of each stock, Bank of America stands out as the most underrated today. Despite having more estimated upside than the majority of stocks on the Dow, Bank of America is one of only four to receive an average rating of "Hold." While Bank of America is regarded as one of the riskiest bank stocks right now, I believe that's more a nod to its recent trangressions than an actually fair assessment of the company. The bank is making moves to return to a more traditional banking model and has flushed out many of its toxic assets. Even if weakness remains, the company is so cheap that the risks appear more than baked in.
To learn more about the most-talked-about bank out there, check out our in-depth company report on Bank of America. The report details Bank of America's prospects, including three reasons to buy and three reasons to sell. Just click here to get access.
The article The Most Underrated Dow Stock originally appeared on Fool.com.Austin Smith owns shares of Wells Fargo. The Motley Fool owns shares of Bank of America, JPMorgan Chase, and Wells Fargo and has options on Wells Fargo. Motley Fool newsletter services recommend Wells Fargo. 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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