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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 ...
The bank stock is safe to own and looks like a solid bet for value and dividend investors. Should you invest $1,000 in Bank of America right now? Before you buy stock in Bank of America, consider ...
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 ...
That's one reason why Bank of America predicts nearly a 10% rise for the S&P 500 from current levels. "Earnings season, starting next week, is gonna be key to the market," said BofA equity ...
With the broader market's over-the-top first quarter and window dressing in the rearview mirror at Bank of America (NYSE:BAC), it's time to short BAC stock.Source: Shutterstock It was a memorable ...
It's been a tough Tuesday, so far, for Tesla (TSLA). In a note to clients, Bank of America analyst John Murphy downgraded Tesla to Neutral from Buy, claiming that most of the EV maker's upside has ...
The bank stock was once Berkshire's second-largest position after Apple (NASDAQ: AAPL), but Buffett is selling it and likely buying this high-yield investment instead. Warren Buffett in a suit and ...
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 ...