Sunday, July 7, 2013

Bank of America's "Duh" Moment

When a company announces its intention to deploy capital and repurchase its own shares, the market's reaction is often a positive one. That should not always be the case.

In this segment of The Motley Fool's everything-financials show Where the Money Is, banking analysts Matt Koppenheffer and David Hanson look back at a few share-buyback programs that crushed stockholders. 

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Many investors are terrified about investing in big banking stocks after the crash, but the sector has one notable standout. In a sea of mismanaged and dangerous peers, it rises above as "The Only Big Bank Built to Last." You can uncover the top pick that Warren Buffett loves in The Motley Fool's new report. It's free, so click here to access it now.

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