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3 Warren Buffett Stocks to Buy Instead of Bank of America
BACBank of America(BAC) Investor Place· Investor Place·2024-08-01 17:23

Recent regulatory filings made by Berkshire Hathaway (NYSE:BRK-A, NYSE:BRK-B) revealed that the holding company reduced its stake in Bank of America (NYSE:BAC) for the first time since 2019. Even the most favored of Warren Buffett stocks aren’t immune from a little profit-taking. Over three separate days in July, Berkshire sold 33.9 million shares of BAC stock for proceeds of nearly 1.5billionandanaveragesellingpriceof1.5 billion and an average selling price of 43.56. According to WhaleWisdom.com, Berkshire paid an average price of $25.68 f ...