Should Investors With Bank of America Ride the Wave?

Bank of America (NYSE: BAC) reported a robust quarter to end of 2019. The top-and bottom-line outcomes surpassed Wall Street forecasts of $22.5 billion in revenue, $150 million more than analyst projections, and $0.74 per share of EPS, which beat estimates by $0.06.

CEO Brian Moynihan noted that the results reflect "the strength of the U.S. consumer," as evidenced by the growth of Bank of America's customer spending act....