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Nygren: Double-Digit Earnings Growth Possible for B of A

Bank of America's current management team has allowed the firm to have possibly the strongest capital position among major U.S. banks, says Oakmark's Bill Nygren.

Mentioned: , , ,

Shannon Zimmerman: Bank of America is a company that had been in each of your funds, Oakmark and Oakmark Select. Was it ever in Global Select?

Bill Nygren: Yes, it was.

Shannon Zimmerman has a position in the following securities mentioned above: OAKLX. Find out about Morningstar’s editorial policies.