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Berkshire still holds a 10.5% stake in the country's largest bank, and the price of Bank of America’s stock has fallen roughly just as much since Buffett began selling his firm's longest-held ...
As of this writing, Bank of America stock trades at a price-to-earnings (P/E) ratio of 16.7. That valuation multiple has climbed a noteworthy 93% just in the past 12 months.
BofA’s stock was up more than 1% in Wednesday morning trading. Berkshire has not yet said anything about the motivation for selling some of its Bank of America stock. And it remains the bank’s ...
The company is one of the longest-held Berkshire positions, dating back to the late 1980s, when Buffett started buying the stock. Its 400 million shares were worth $28.7 billion at the end of ...
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Let's see why Buffett isn't selling this resilient blue-chip stock ... The stock has rallied about 430% from his average purchase price of $55.50, but it could still have plenty of room to run ...
After selling more of Berkshire's equity portfolio, including massive portions of its stakes in Apple (NASDAQ: AAPL) and Bank of America (NYSE: BAC), the company ended the third quarter with a ...
Bank of America (NYSE: BAC) trails behind Apple as Buffett's second-biggest stock holding right now. But it isn't far ahead of American Express, with Berkshire's stake in BofA worth around $36 ...
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