Bank of America: Get Your Act Together!
The following video is from Monday's installment of Where the Money Is, in which Fool analysts Matt Koppenheffer and David Hanson highlight for investors the most important stock news from the financial sector.
In this segment, Matt takes a moment to send a message directly to Brian Moynihan, CEO of Bank of America . Matt implores him to reexamine his current cost-cutting strategy, which he feels is sacrificing the long-term goals of building a culture that people want to bank with, work within, and invest in for the sake of short-term profits.
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 detailing three reasons to buy and three reasons to sell. Click here now to claim your copy.
The relevant video segment can be found between 6:33 and 7:50.
The article Bank of America: Get Your Act Together! 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 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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