Are You Terrified of Bank Stocks?
Apr 29th 2013 8:47PM
Updated Apr 29th 2013 9:50PM
Many investors have sworn off financial stocks since the credit crisis. Even after the recovery, headwinds like Bank of America's legal situation and the London Whale trading fiasco at JPMorgan Chase have kept investors from diving back into individual bank stocks.
Despite the perceived riskiness of the sector, some investors may desire to have some exposure to financial stocks over the long-term. In this video, Motley Fool banking analyst David Hanson tells investors one way that they can get exposure to the sector without having to worry about a bank-specific event crushing their investment.
Despite headwinds, 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 article Are You Terrified of Bank Stocks? originally appeared on Fool.com.David Hanson has no position in any stocks mentioned. The Motley Fool recommends Berkshire Hathaway and Wells Fargo. The Motley Fool owns shares of Bank of America, Berkshire Hathaway, 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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