3 Reasons to Buy 1 of Warren Buffett's Favorite Stocks
Bank of America (NYSE: BAC) has long been one of America's largest financial institutions and a core holding in Warren Buffett's portfolio. The stock is currently the second-largest position in Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) portfolio, Buffett's holding company.
Buffett made the call for Berkshire to buy this stock back in 2011, but investors still have a great opportunity to accumulate shares today to take advantage of future growth. The economic landscape in America isn't perfect, but a few factors could benefit Bank of America's bottom line and your portfolio.
Here are three reasons Bank of America might be a table-pounding buy today.
Source Fool.com
Berkshire Hathaway Inc. A Stock
€602,000
0.080%
Our community is currently high on Berkshire Hathaway Inc. A with 3 Buy predictions and 0 Sell predictions.
With a target price of 650000 € there is a slightly positive potential of 7.97% for Berkshire Hathaway Inc. A compared to the current price of 602000.0 €.
