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I Just Bought This Warren Buffett Stock

Bram Berkowitz, The Motley Fool
·4-min read
I Just Bought This Warren Buffett Stock

Warren Buffett's company Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) has been going all in on Bank of America in recent years. Berkshire snapped up more than $2 billion of the stock in 12 consecutive days of trading in 2020 and now owns more than a billion shares of Bank of America, or close to 13% of outstanding shares. A big reason I like Bank of America is that it really can generate strong revenue in a range of different economic scenarios.

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