7 Bank Stocks to Own for the Long Haul

Warren Buffett loves bank stocks. At the end of the second quarter, Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B) owned six different bank stocks with more than $71 billion invested in those financial institutions. That’s 36% of the holding company’s entire equity portfolio. InvestorPlace – Stock Market News, Stock Advice & Trading Tips Why does he like bank stocks? A big reason is the dividends they throw off each year, which is ironic given Buffett doesn’t pay dividends Read More …