Category: Markets
Published: 2026-06-22T14:14:11.000Z
Bank of America Corporation (BAC) is highlighted as the second-best financial stock to buy according to Warren Buffett, with Berkshire Hathaway maintaining a significant long-term stake in the company since 2017. Despite a recent slight trimming of the stake, Bank of America reported strong first-quarter 2026 earnings, exceeding analyst expectations with increased revenue, net interest income, and investment banking fees. The article notes Berkshire Hathaway's continued confidence in BAC while suggesting that some AI stocks may offer higher returns in a shorter timeframe.
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