Why This 1 Unstoppable Stock Could Be the Next Bank of America

Bank of America (NYSE: BAC) is one of the largest global banks, with thousands of branches. It offers a wide range of financial products that help people save, borrow, and invest their money.The stock has been sluggish to start the year and is down by 3%, but its long-term returns are solid. The bank stock is up by more than 50% during the past five years and has a 2.1% dividend yield.This same financial stock is approaching a $400 billion market cap, which will make it harder for the company to deliver life-changing returns for new investors. People who want exposure to the financial sector and a promising long-term pick may want to consider SoFi (NASDAQ: SOFI) instead. Here's why.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool