Last year was a phenomenal year for bank stocks, with Bank of America in particular having doubled over the course of the year. But was the performance indicative of how these banks are doing on a longer timeline? In the following video, Motley Fool financials analysts Matt Koppenheffer and David Hanson take a look at the performances of several of the big banks over the past 15 years to get a better look at which bank really is the strongest investment today.
Wells Fargo's dedication to solid, conservative banking helped it vastly outperform its peers during the financial meltdown. Today, Wells is the same great bank as ever, but with its stock trading at a premium to the rest of the industry, is there still room to buy, or is it time to cash in your gains? To help figure out whether Wells Fargo is a buy today, I invite you to download our premium research report from one of The Motley Fool's top banking analysts. Click here now for instant access to this in-depth take on Wells Fargo.
The article This Was the Best Big Bank Over the Last 15 Years 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 Wells Fargo. It also owns shares of Bank of America, Citigroup, JPMorgan Chase, 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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