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Warren Buffett has sold some of Berkshire's stake, but still owns more than 11% of the bank.
Bank of America (BAC -0.44%) is the third-largest stock position in Berkshire Hathaway's (BRK.A -1.25%) (BRK.B -1.35%) portfolio, even after the conglomerate sold some of its position in recent months. In this video, two Fool.com contributors discuss Bank of America's business and whether it's a good buy right now.
*Stock prices used were the morning prices of Sept. 12, 2024. The video was published on Sept. 13, 2024.
Bank of America is an advertising partner of The Ascent, a Motley Fool company. Tyler Crowe has positions in Berkshire Hathaway. The Motley Fool has positions in and recommends Bank of America and Berkshire Hathaway. The Motley Fool has a disclosure policy.
Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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