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That stock is Bank of America, which Buffett's Berkshire Hathaway has been dumping en masse. Even though the conglomerate still holds a large position, it sold about $9 billion worth of BoA shares ...
One sign that suggests Bank of America stock has further upside is its price-to-book (P/B) ratio, currently at 1.3. This valuation multiple measures the stock's total market capitalization ...
Bank of America (NYSE: BAC): Buffett's largest bank stock investment has a lot to gain as interest rates come down. Its deposit cost, currently a little over 2%, should gradually come down and its ...
The Bank of America investment is one of the largest, with a $34 billion market value representing a 9.99% stake in the megabank. Ally is a smaller bank, but Berkshire owns 9.5% of it, an ...
Berkshire sold 9.5 million shares worth $382.4 million for this week, according to a regulatory filing on Thursday. The U.S. Securities and Exchange Commission requires shareholders that own more ...
That happened last week, when Berkshire disclosed it sold about 34 million shares, or $1.48 billion, worth of Bank of America (NYSE: BAC), Berkshire's second-largest common stock holding, between ...
The investment giant began trimming its stake in mid-July when it sold about 33.9 million shares for around $1.48 billion. Buffett's Berkshire continues to reduce Bank of America stake Skip to ...
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Bank of America wasn’t one of them. The 10 stocks that made ...