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[Rewards Calling] Buffett's beloved Bank of America is the top bank stock!

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The Boxing Ring wrote a column · Oct 19, 2021 15:15
[Rewards Calling] Buffett's beloved Bank of America is the top bank stock!
Buffett's $Berkshire Hathaway-A (BRK.A.US)$ plowed $2.1 billion into $Bank of America (BAC.US)$ in August last year when the stocks were trading at around $24. Now, the stocks have almost doubled!!! As a result, the shares Berkshire bought last year bring a $1.7 billion gain in 14 months.
[Rewards Calling] Buffett's beloved Bank of America is the top bank stock!
Berkshire counted Bank of America as one of its biggest holdings for years, while it sold BofA's fellow bank stocks $JPMorgan (JPM.US)$ and $Goldman Sachs (GS.US)$ in the past 18 months. I believe in Buffett, so I think Bank of America is the best bank stock.
Tell me about your favorite bank stocks if you disagree!
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