2 Major Advantages in Owning Bank of America Stock Right Now

It seems like every week another high-profile investor issues a warning about the levitating state of asset markets. No one can predict the future, of course, but if they're right and the market proceeds to correct, then investors in a bank like Bank of America (NYSE: BAC) could be in an advantageous position.

Image source: Bank of America.

The latest high-profile investor to issue a warning is Jeffrey Gundlach, the co-founder and chief executive officer of DoubleLine Capital, a fund with $110 billion in assets under management.

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Source: Fool.com