BofA Is a Screaming Buy

Financials are off to a banner start this year. And for two good reasons.

First and most valid is valuation. Mass market hatred for financials in 2010 and 2011 led to a selloff that was not based on any fundamental merit. Second, it seems to be the belief that Europe, despite the terrible situation it is in, will get its act together and do what needs to be done to avoid an all-out catastrophe. Germany is on the verge of a recession and when push comes to shove, Germany will step up and do what is needed for the European Union before sending its economy into a tailspin....422 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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