2 No-Brainer Warren Buffett Stocks to Buy Right Now!!
POINT Berkshire Hathaway owns over 40 stocks, many of which are excellent long-term investments. Ally Financial (ALLY) is an undervalued bank stock with a strong auto loan business. SiriusXM (SIRI) holds a monopoly in satellite radio and is pursuing new growth strategies. 1. Ally Financial (ALLY) – Buffett’s Only Small Bank Stock Image source: Ally Financial Warren Buffett has long been a fan of the banking industry , with Bank of America (BAC) and American Express (AXP) among his largest holdings. However, the only small bank stock in Berkshire Hathaway's portfolio is Ally Financial (ALLY) . Ally Financial specializes in auto lending and was originally spun off from General Motors (GM) . Today, it operates as a large retail bank with over $140 billion in customer deposits . Recent Developments – Business Restructuring Recently, Ally has streamlined its business , selling off its credit card division and discontinuing mortgage lending . Instead, it has focused ...