5 Best Bank Stocks to Buy Now According to Hedge Funds

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1. Bank of America Corporation (NYSE:BAC)

Number of Hedge Fund Holders In Q4 2022: 100

Bank of America Corporation (NYSE:BAC) is another large bank, which is headquartered in Charlotte, North Carolina. It generates the bulk of its revenue from within the U.S., with consumer banking being its largest division.

As of December 2022, 100 of the 943 hedge funds surveyed by Insider Monkey had held a stake in the bank. Bank of America Corporation (NYSE:BAC)’s largest shareholder is Warren Buffett’s Berkshire Hathaway Bank of America Corporation (NYSE:BAC) which owns 1 billion shares that are worth $33 billion.

Follow Bank Of America Corp (NYSE:BAC)

Disclosure: None. You can also take a look at 15 Best Small Cap Stocks Ready to Explode and 12 Dividend Giants with Lowest Short Interest.

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