[Rewards Calling] Buffett's beloved Bank of America is the top bank stock!
![[Rewards Calling] Buffett's beloved Bank of America is the top bank stock!](https://ussnsimg.moomoo.com/2054080926623862242.png/bigmoo)
Buffett's $Berkshire Hathaway-A(BRK.A.US$ plowed $2.1 billion into $Bank of America(BAC.US$ in August last year when the stocks were trading at around $24. Now, the stocks have almost doubled!!! ![]()
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As a result, the shares Berkshire bought last year bring a $1.7 billion gain in 14 months.
![[Rewards Calling] Buffett's beloved Bank of America is the top bank stock!](https://ussnsimg.moomoo.com/1355194868210345778.jpg/bigmoo)
Berkshire counted Bank of America as one of its biggest holdings for years, while it sold BofA's fellow bank stocks $JPMorgan(JPM.US$ and $Goldman Sachs(GS.US$ in the past 18 months. I believe in Buffett, so I think Bank of America is the best bank stock.![]()
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Tell me about your favorite bank stocks if you disagree!![]()
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Rewards calling! Comment to win rewards!
Moomoo news team and I hold the event together for a month! I will post discussions every day and Moomoo news team will support the event with reward points! We will pick the top 2 'liked' and top 3 'insightful' comments every weekday& top 10 'liked' and top 10 'insightful' comments every weekend to be the winners.
Moomoo news team and I hold the event together for a month! I will post discussions every day and Moomoo news team will support the event with reward points! We will pick the top 2 'liked' and top 3 'insightful' comments every weekday& top 10 'liked' and top 10 'insightful' comments every weekend to be the winners.
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Jia Yung : Impressed by the action of him to be able foresee this trend. Maybe he just want to wait it bound back to it previous high but end up create a super high instead
personally doesn't hold any US bank stock but looking forward to $OCBC Bank (O39.SG)$ SG. Cheers
Rocket Man : It is like the National Bank of America. With good reputation and record. In the long run. It is a bank shares that should not go wrong and pays you some of their profits regularly as dividend.
scotchnstonks : this bank not simple
Mars Mooo : Digital banks in Singapore are expected to start their business in early 2022.
Currently, there are 2 digital banks.
These banks are awarded digital full bank licences, and they can only offer retail customers banking services online, such as via the Internet or mobile apps.
The 2 digital banks are operated by Grab-Singtel ( $Singtel (Z74.SG)$ ) consortium and tech giant Sea ( $Sea (SE.US)$ ).
It will be interesting to see how they compete with traditional banks such as $Bank of America (BAC.US)$ and $DBS Group Holdings (D05.SG)$.
Jackosen : BAC slow and steady, backed by buffet
J-Zil : $Bank of America (BAC.US)$ may be more famous, but in terms of innovation, technology, advancement, & global standard $DBS Group Holdings (D05.SG)$ is definitely one of the best, if not the best bank in the world. $DBS Group Holdings (D05.SG)$ has made banking transformative from the conventional. I am not a $DBS Group Holdings (D05.SG)$ holder but would love to also have positions here.
cowabanga : The sage said it himself!
102773705 : Yup
tlc79 : I believe in the guru Mr Buffett too!
elvin_fu :
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