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Warren Buffett Has Been Selling Bank of America Stock. Here's Why You Can Still Buy It.
BACBank of America(BAC) The Motley Fool·2024-09-16 11:30

Over the past two months, Buffett-led Berkshire Hathaway has dumped more than 7.2billionofBankofAmericastock.WarrenBuffettscompanyBerkshireHathawayhasbuiltoneofthelargestandmostsuccessfulstockportfoliosintheworld.Itsnowworthmorethan7.2 billion of Bank of America stock.Warren Buffett's company Berkshire Hathaway has built one of the largest and most successful stock portfolios in the world. It's now worth more than 300 billion. It's a great endorsement to be in Berkshire's portfolio. But it can also attract some unwanted attention if Buffett and Berkshire start to sell a stock.That's the position Bank of America (BAC -0.34%) has found itself in after the co ...