5 Best Affordable Stocks To Buy

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1. Bank of America Corporation (NYSE:BAC)

Share Price as of January 19: $32.22

Number of Hedge Fund Holders: 88

Bank of America Corporation (NYSE:BAC) is a prominent American multinational investment bank and financial services holding company, headquartered at the Bank of America Corporate Center in Charlotte, North Carolina. Serving a diverse clientele, including individual consumers, small and mid-sized businesses, institutional investors, large corporations, and governments globally, the bank offers a quarterly dividend of $0.24 per share, resulting in a dividend yield of 2.98% as of January 19.

As of the end of Q3 2023, data from Insider Monkey’s database revealed that 88 out of the 910 hedge funds tracked had invested in Bank of America Corporation (NYSE:BAC). Notably, Warren Buffett’s Berkshire Hathaway held the largest stake in the company, with a $28.2 billion investment.

You can also take a look at 15 Best Innovative Stocks to Buy Now and 11 Best Natural Gas Dividend Stocks To Buy

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