2024-04-14 07:15:00 ET
Berkshire Hathaway owns dozens of stocks in its public equities portfolio. Behind Apple , the top holding by a mile, the conglomerate has a huge position in Bank of America (NYSE: BAC) . The financial services giant represents over 10% of the portfolio, valued at $37 billion. So should you buy this top Warren Buffett holding with $100 right now?
Here are some important factors to consider before you decide to follow the Oracle of Omaha and scoop up this bank stock .
It's not difficult to recognize Bank of America's numerous competitive advantages. The business has a powerful brand that's recognized across the globe. This helps draw in customers who trust the bank's long and successful history.
For further details see:
Should You Buy This Top Warren Buffett Stock With $100 Right Now?