Buffett Loves These 3 Banks, And So Should You

Apr. 06, 2023 7:30 AM ETAXP, BAC, USB56 Comments
Dividend Sensei
Investing Group

Summary

  • The regional banking crisis triggered a nearly 30% two-week crash in regional bank stocks, and all financials got hit hard.
  • The US and global financial systems are not imploding, which means this is a great time to "be greedy when others are fearful" on top-quality banks.
  • Warren Buffett owns $56 billion worth of three banks, all of which are reasonable to table-pounding buys right now.
  • All three offer double-digit long-term return potential and up to 135% return potential in the next three years.
  • If you want to invest alongside the Oracle of Omaha and take advantage of irrational market panic, BAC, AXP, and USB are three excellent low-risk ways to do it.
  • Looking for more investing ideas like this one? Get them exclusively at The Dividend Kings. Learn More »

Flying dollars on white

herkisi

This article was published on Dividend Kings on Wed, April 5th.

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There are many good sources of investing ideas, including legendary investors like Warren Buffett.

While I don't recommend blindly mirroring the trades of Buffett or any

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This article was written by

Dividend Sensei
115.74K Followers

Dividend Sensei (Adam Galas) is an Army veteran and stock analyst with 20+ years of market experience.

He is a founding author of the investing group The Dividend Kings which focuses on helping investors safeguard and grow their money in all market conditions through the highest-quality dividend investments. Dividend Sensei and the team of analysts (Brad Thomas, Justin Law, Nicholas Ward, Chuck Carnevale, and Sebastian Wolf) help members invest more intelligently in dividend stocks. Features include: 13 model portfolios, buy ideas, company research reports, and a thriving chat community for readers looking to learn how to invest more intelligently in dividend stocks. Learn more.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

I own $3400 of USB via ETFs.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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