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.

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Source Fool.com