Bank of America (BAC) closed the most recent trading day at $27.60, moving -0.14% from the previous trading session.
Since becoming the CEO of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) in 1965, Warren Buffett has masterfully steered the ship. Whereas the benchmark S&P 500 hasn't quite reached a 30,000% total return, including dividends paid, since Buffett became CEO, he's overseen a 4,544,578% aggregate gain in his company's Class A shares (BRK.A), as of the closing bell on Sept. 19, 2023. Although Buffett isn't infallible, he has a knack for picking far more winners than losers.
Bank of America (NYSE: BAC) isn't getting much attention right now. In one way, that's good, but it also points to an opportunity. In this video, Motley Fool contributors Jason Hall and Jeff Santoro discuss what's happening with Bank of America, and why it's a pretty smart buy right now.