Stocks from the banking sector are not as stable, but I see potential here.
I was looking at $BAC+2.2% stock today and I see that the stock is really low right now. I plan to do some more detailed analysis on $BAC+2.2%, however the price is low and unless I come across something I don't like, I would definitely buy a few shares.
Bank of America
BACOpen $39.93
Day range $39.62 - $40.25
52 week range $24.96 - $44.44
How do you view $BAC+2.2% and do you have any stocks from this sector included in your portfolio?
The$BAC+2.2% is Buffett's top, he likes it a lot and believes in it, even though it's down now, he still holds it and so I hold it too and i'm overbought down now.
I don't buy banks, but this looks good.
It doesn't look bad at all. But I'm not familiar with their situation at all, nothing. There must be something behind the slump. Investor distrust of the company? Berkshire was buying at an average price of $33 in the first quarter, nothing since then, but they also haven't sold anything, and I think they know more than we do.