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Bank of America Isn’t Sold on These 2 New Warren Buffett Stock Picks
We’ll see the end of an era later this year, when investing legend Warren Buffett steps down from his leadership at Berkshire Hathaway. Over the past sixty years, Buffett’s investing strategy has turned the firm into a trillion-dollar giant,
Over the past two months, Buffett-led Berkshire Hathaway has dumped more than $7.2 billion of Bank of America stock.
Although Bank of America (BAC 0.66%) had been Buffett's top dividend stock, his recent selling activity in the money-center bank has allowed another income stock to take this honor. Move over ...
The stock picks that this conglomerate makes are, basically, Buffett's stock picks. Right now Berkshire Hathaway is selling down its position in large U.S. bank Bank of America (NYSE: BAC).
OMAHA, Neb. (AP) — Investor Warren Buffett’s company has unloaded more of its Bank of America stake, selling nearly 25 million shares worth almost $1 billion over the past week.
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