Bank of America's stock outperformed the broader market by a wide margin in 2019.
The investment community is concerned about how the interest rate environment will negatively impact the banks in 2020 but, in my opinion, the concern is overblown.
I plan to stay overweight Bank of America through at least 2020.
Bank of America's (BAC) stock performed well in 2019, as BAC shares finished the year higher by over 40%. In addition, BofA's stock outperformed the broader market by over 14 percentage points.