Don't Be Surprised if Warren Buffett Has Bought This Stock

·4 min read
Don't Be Surprised if Warren Buffett Has Bought This Stock

While Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett has shed some bank stocks in the past year -- most notably JPMorgan Chase (NYSE: JPM), Goldman Sachs (NYSE: GS), and most of Wells Fargo (NYSE: WFC) -- his portfolio remains firmly rooted in the sector. In fact, three of his largest holdings are Bank of America (NYSE: BAC), American Express (NYSE: AXP), and Moody's (NYSE: MCO).

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