Better Warren Buffett Stock: Citigroup vs. Bank of America

Warren Buffett and his team at Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) have long dabbled in bank stocks, owning almost every major Wall Street bank at one time or another over the past several decades. It's an industry Buffett has deep ties to and has done incredibly well with if you think back to Berkshire's timely bank stock investments during the Great Recession.While Buffett and Berkshire seemingly soured on the sector after the pandemic began (another prescient investing call), Berkshire still owns several bank stocks in its massive $295 billion equities portfolio. Let's examine two of Berkshire's larger bank positions and see which might be the better buy right now for other investors.Berkshire has owned Bank of America (NYSE: BAC) for many years and it's the conglomerate's third-largest equity position, consuming 12% of the overall portfolio. Berkshire sold a large chunk of the stock last year and it's unclear if the selling will continue.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool