By Jody Chudley For months, I’ve been pounding the table about why American banks are the best value in the stock market…
Why the banks are a “no-brainer” for today’s investors…
And why even their challenges prove their value.
And now it looks like the Oracle of Omaha agrees.
After doing very little through the COVID-19 crisis, Warren Buffett is finally buying a stock…
Buffett’s Berkshire Hathaway (NYSE: BRK-B) just revealed that it purchased 34 million shares of Bank of America (NYSE: BAC) at an average price of $24.
That equates to an $816 million investment, which is a decent chunk of change even for Buffett.
So investors should ask …read more