Warren Buffett Has Been Selling Bank of America Stock. Here's Why You Can Still Buy It.
Bank of America(BAC) The Motley Fool·2024-09-16 11:30
Over the past two months, Buffett-led Berkshire Hathaway has dumped more than $7.2 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 ...