5 Best Inexpensive Stocks To Buy Right Now

3. Bank of America Corporation (NYSE:BAC)

Number of Hedge Fund Investors In Q1 2023: 91

Bank of America Corporation (NYSE:BAC) is one of the largest domestic banks in America. Its latest report about 401(k) balances reflected the recent troubles in the U.S. economy as the bank reported that hardship withdrawals had increased by 36% annually.

Insider Monkey’s March quarter of 2023 survey of 943 hedge funds revealed that 91 had owned Bank of America Corporation (NYSE:BAC)’s shares. Out of these, the firm’s largest stakeholder is Warren Buffett’s Berkshire Hathaway with an investment of $29.5 billion.

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