Bank of America (NYS: BAC) is an icon of the American banking industry, but after suffering some major setbacks during the housing collapse that hurt so many banks worldwide, is it a buy today? In this video, Motley Fool analyst Anand Chokkavelu takes a deeper look at Bank of America, and gives us some reasons why now, with the price that it's trading at today and the sheer size of this "too big to fail" institution, may be a great time to get involved.

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 3 Reasons to Buy Bank of America Today originally appeared on Fool.com.

Anand Chokkavelu, CFA, owns shares of Bank of America, JPMorgan Chase Citigroup, Wells Fargo, and Citigroup Austin Smith owns shares of Wells Fargo. The Motley Fool owns shares of Bank of America, Citigroup, JPMorgan Chase, and Wells Fargo. Motley Fool newsletter services recommend Goldman Sachs 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.

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