Friday, April 26, 2013

Bank of America's $70 Billion Green-Lending Bonanza

In the following video, Motley Fool financial analysts Matt Koppenheffer and David Hanson discuss Bank of America's (NYSE: BAC  ) massive lending initiatives toward green energy. The bank recently met its goal of $20 billion worth of financing activities in areas such as solar and wind power, energy efficiency, and hybrid cars, and it has now set a new goal of an additional $50 billion over the next 10 years. Is this a win for investors, or are these initiatives still too risky?

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.

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