Warren Buffett’s Berkshire Hathaway “significantly cut its stakes in some of the largest U.S. banks in the second quarter, selling billions of dollars’ worth of stock in Wells Fargo, JPMorgan…
Tag: banks
Buffett Likes U.S. Banks
Warren Buffett’s Berkshire Hathaway has increased its holding of financial services stocks to roughly $100 billion, about one-fifth of its total market capitalization. This according to an article inThe Wall…
Be Careful With Regional Bank Stocks
It continues to seem likely that the Federal Reserve will start raising interest rates later this year, which has some investors thinking bank stocks are a good bet. But be…
Gabelli Likes Content Providers, Financials
With mobile devices and broadband technology expanding, top value investor Mario Gabelli says he likes content companies. (more…)
Why Buffett Likes Banks
While they may be known more for investing in insurance companies and firms that make and sell simple consumer goods, Warren Buffett and Berkshire Hathaway are also quite fond of…