The Oracle of Omaha has sent more than 427 million shares of Bank of America to the chopping block since mid-July 2024, and he continues to build his company's stake in a well-known, consumer-facing company.
Stability is great, but low-volatility stocks may struggle to deliver market-beating returns over time as they sometimes underperform during bull markets.
Wall Street has issued downbeat forecasts for the stocks in this article.
These predictions are rare - financial institutions typically hesitate to say bad things about a company because it can jeopardize their other revenue-generating business lines like M&A advisory.
The Oracle of Omaha has sent more than 401 million shares of Bank of America to the chopping block in favor of a company that's dominated its industry for decades.
Monday's session is showcasing interesting market movements in the S&P500 index, with notable gap up and gap down stocks. Stay updated with the gapping S&P500 stocks in today's session.
