Monday, January 21, 2013

Investopedia: What Propels Bank Of America From Here?

Last year was a strange one in banking, as investors were somewhat lukewarm on quality banks such as U.S. Bancorp (NYSE:USB) and Comerica (NYSE:CMA), but more than happy to bid up still-troubled operations such as Bank of America (NYSE:BAC). While it can be fairly argued that there aren't as many rocks left to turn over (so, fewer negative surprises) and BAC management has been grinding through its troubles and repairing its operations, I just don't see the cause to get all that excited about the bank's prospects.

Read the full article here:

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