Reported 8 months ago
Warren Buffett's Berkshire Hathaway holds Bank of America as its second-largest position, making up 10% of the stock portfolio. Despite challenges in the banking industry, Bank of America offers an attractive dividend yield and is priced favorably. Occidental Petroleum is another Buffett favorite due to its well-run operations and leadership in carbon-capture initiatives. However, Moody's is advised to be avoided as it is currently overpriced and vulnerable to economic downturns. Investors looking for new stock additions may find value in Bank of America and Occidental Petroleum, while being cautious towards Moody's.
Source: YAHOO