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Market Rebellion co-founder Pete Najarian just doubled down on Bank of America Corp (NYSE:BAC).
Najarian already owned the stock, but said Friday on CNBC's "Fast Money Halftime Report" that he bought upside call options.
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There is still a lot of "incredible upside" in the financials, although the stocks in the sector have traded significantly higher so far this year.
"I think these financials have so much more room to the upside and they've been on a great run," Najarian said.
See Also: Why Wells Fargo And Bank Of America Could Be In For A Long Term Break Out Amid Bitcoin Adoption
Bank of America is up more than 40% year-to-date. Najarian told CNBC he's really impressed with the performance of the financial stocks this year.
BAC Price Action: Bank of America has traded as high as $43.49 and as low as $22.95 over a 52-week period.
The stock was up 1% at $42.45 at the time of publication.
Photo: Mike Mozart from Flickr.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.