5 Best Value Stocks To Buy According To Warren Buffett

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1. Bank of America Corporation (NYSE:BAC)

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

Latest P/E Ratio: 8.3

Number of Q3 2023 Hedge Fund Investors: 88

Bank of America Corporation (NYSE:BAC) is the second biggest bank in the U.S. after the giant JPMorgan Chase. Like other banks, it is bathing in money in a high interest rate era as it has beaten analyst EPS estimates in all four of its latest quarters.

By Q2 2023 end, 79 out of the 910 hedge funds part of Insider Monkey’s database had invested in Bank of America Corporation (NYSE:BAC). Warren Buffett’s Berkshire Hathaway owned the biggest stake in the company due to its $28.2 billion investment.

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Disclosure: None. You can also take a look at Citadel Stock Holdings: 12 Biggest Energy Stocks and Warren Buffett and Wall Street Analysts Love These Stocks.

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