Better Warren Buffett Stock: Nu Holdings vs. Bank of America
Since Warren Buffett became CEO of Berkshire Hathaway in 1965, the company has delivered stellar returns for investors of nearly 20% compounded annually. For this reason, many investors like to look to Berkshire Hathaway and its investment portfolio for ideas.Over the past year, Buffett has been a net seller of stocks. This includes several bank stocks Berkshire has held for a while. One is Bank of America (NYSE: BAC), which has been a part of Berkshire's portfolio since 2011. Another is Nu Holdings (NYSE: NU), the upstart fintech company bringing banking to Latin America.Despite Berkshire's selling, these are still solid stocks to own. Here's which one is a better buy today.Continue reading
Since Warren Buffett became CEO of Berkshire Hathaway in 1965, the company has delivered stellar returns for investors of nearly 20% compounded annually. For this reason, many investors like to look to Berkshire Hathaway and its investment portfolio for ideas.
Over the past year, Buffett has been a net seller of stocks. This includes several bank stocks Berkshire has held for a while. One is Bank of America (NYSE: BAC), which has been a part of Berkshire's portfolio since 2011. Another is Nu Holdings (NYSE: NU), the upstart fintech company bringing banking to Latin America.
Despite Berkshire's selling, these are still solid stocks to own. Here's which one is a better buy today.
