Are you looking for some new stocks to buy but don't know where to start? Don't sweat it. Let a proven stock-picker do the legwork for you. Warren Buffett will do just fine. He's not called the Oracle of Omaha for nothing, after all. Here's a rundown of three of the bigger positions held by Buffett's ...
motleyfoolusx:bac
Since last November, Bank of America (NYSE: BAC) stock has gone on a tear, gaining nearly 44%. Bank stocks have benefited from the Federal Reserve pausing its interest rate-hiking campaign. However, inflationary pressures remain sticky, pushing back interest rate cut expectations for 2024. Given this ...
motleyfoolusx:bac
Despite two years of higher-than-normal inflation and rising interest rates, U.S. consumer spending has remained remarkably resilient. That resilience has helped keep the economy from sliding into recession, despite the pessimistic forecasts that it would. Because it's one of the largest banks in the ...
motleyfoolusx:bac
The market's response to Bank of America's (NYSE: BAC) first-quarter results was decidedly bearish -- and understandably so. Net interest income was down, while charge-offs on soured loans were up. The numbers confirmed investors' worst fears. Although they've bounced back a bit in the meantime, from ...
motleyfoolusx:bac
It's been 59 years since Warren Buffett acquired Berkshire Hathaway for $14.86 per share. The holding company's A-class stock, which has never split, has been trading for more than $598,000 per share. Warren Buffett is widely considered one of the greatest investors of all time because Berkshire's stock ...
motleyfoolusx:bac
Image source: The Motley Fool. Bank of America (NYSE: BAC) Q1 2024 Earnings Call Apr 16, 2024, 8:30 a.m. ET Operator Continue reading
motleyfoolusx:bac
Bank of America (NYSE: BAC) beat on the top and bottom lines, but investors are more focused on elevated expenses and charge-offs of bad loans that exceeded expectations. Shares are trading off slightly, down about 3% as of 12:30 p.m. ET. Bank of America earned $0.83 per share in the first quarter on ...
motleyfoolusx:bac
Bank of America (NYSE: BAC) reported its first quarter 2024 earnings results today. Total revenue decreased 2% year-over-year to $25.8 billion. Net income was $6.7 billion, or $0.76 per share, compared to $8.2 billion, or $0.94 per share, last year. Adjusted EPS was $0.83. Revenue and earnings beat expectations. ...
alphastreetusx:bac
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 ...
motleyfoolusx:bac
