Warren Buffett on Bank of America and Wells Fargo
Warren Buffett loves bank stocks. The Oracle of Omaha has bought several bank stocks for Berkshire Hathaway's (NYSE: BRK-A) (NYSE: BRK-B) portfolio, including Synchrony Financial, Bank of New York Mellon, and American Express. However, the company's stakes in banking giants Bank of America (NYSE: BAC) and Wells Fargo (NYSE: WFC) are the largest:
Company
Number of Shares Berkshire Owns
Source: Fool.com
Bank of America Corp. Stock
€36.61
0.160%
The stock is one of the favorites of our community with 21 Buy predictions and 4 Sell predictions.
As a result the target price of 42 € shows a slightly positive potential of 14.72% compared to the current price of 36.61 € for Bank of America Corp..