Berkshire Sticks With Bank of America…

The financial firms past and future…

Dear Loyal Reader, This past Saturday, the top minds in finance crowded around Warren Buffett for the Berkshire Hathaway shareholder meeting in Omaha, Nebraska. While Buffett and those in attendance had much to celebrate… There was one comment that drew my attention. Because the Oracle of Omaha admitted he doesn't know the next move in the banking crisis. But he did reiterate how he feels about Bank of America, as he reaffirmed his commitment to the stock. Saying: "We're very cautious … about ownership of banks and we do remain with one bank… I like Bank of America and I like the management.” Buffett’s investment in Bank of America started in 2011 when he bought $5 billion worth of shares in the bank. Today, he owns a 13% stake in the financial institution. But here’s something you may not know. Back in February 2009, Bank of America was trading for only $3.95. A decade later, it soared well over $29.31. And now, this leading bank is one of the few institutions Wall Street is still backing. Bank of America is a great example of a stock that once traded below $5. Yet it has gone on to see some amazing gains. Now I have my eyes on another $5 stock that I know Buffett would covet. And I’m sure he would love to get in on this play if he could. But he can't. I explain why right here. And I reveal how these small stocks could benefit you right now. As I expect these $5 stocks could go up as much as 500% this year. Click here for all the details today. Regards, Adam O’Dell Chief Investment Strategist, Money & Markets   (c) 2023 Banyan Hill Publishing. All Rights Reserved. Protected by copyright laws of the United States and international treaties. This Newsletter may only be used pursuant to the subscription agreement. Any reproduction, copying, or redistribution, (electronic or otherwise) in whole or in part, is strictly prohibited without the express written permission of Banyan Hill Publishing. P.O. Box 8378, Delray Beach, FL 33482. (TEL: 866-584-4096) Legal Notice The mailbox associated with this email address is not monitored, so please do not reply. Your feedback is very important to us so if you would like to contact us with a question or comment, please click here: http://banyanhill.com/contact-us Remove your email from this list: Click here to Unsubscribe