Warren Buffett Sells Bank of America and Buys a Monster Stock Up 1,700% Since 2011
The Motley Fool·2025-07-21 08:06

Group 1: Bank of America - Bank of America is the second largest U.S. bank by total domestic deposits and the third largest investment bank by fees, earning most of its revenue from interest, making it sensitive to interest rates [4] - The company reported a 7% increase in net interest income to $14.7 billion, with GAAP earnings rising 7% to $0.89 per diluted share [6][8] - Berkshire Hathaway sold 48,660,056 shares of Bank of America, reducing its position by 7%, but it remains the fourth-largest holding [7] - Wall Street anticipates a median target price of $54 per share for Bank of America, implying a 14% upside from the current price of $47.30 [9] Group 2: Domino's Pizza - Domino's is the largest pizza company globally, benefiting from innovations like anywhere ordering and partnerships with Uber and DoorDash [10] - The company reported a 2.5% revenue increase to $1.1 billion and a 21% increase in GAAP earnings to $4.33 per diluted share, despite missing top-line estimates [12] - Analysts expect Domino's earnings to grow at 10% annually over the next three to five years, with a median target price of $530 per share, indicating a 14% upside from the current price of $66 [13]