5 Best Stocks to Buy for Good Returns

2. Bank of America Corporation (NYSE:BAC)

Berkshire Hathaway’s Q3 2023 Investment Value: $28.2 billion

Number of Q3 2023 Hedge Fund Investors: 88

Bank of America Corporation (NYSE:BAC) is one of America’s largest banks. The bank’s research division was out with an important stock market report in November 2023 where it shared that fund flow in equities was the highest since February 2022 as the economic climate shifts to expecting lower rates.

As of September 2023, 88 out of the 910 hedge funds tracked by Insider Monkey were the firm’s shareholders. Bank of America Corporation (NYSE:BAC)’s biggest investor among these was Warren Buffett’s Berkshire Hathaway since it owned 1 billion shares that are worth $28.2 billion.

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