We recently compiled a list of the 10 Best Affordable Stocks To Buy Right Now. In this article, we will look at where Bank of America Corporation (NYSE:BAC) ranks among the best affordable stocks to buy right now.

Bank of America Corporation (NYSE:BAC) shares are climbing as the company announces a bold wage hike, driving its minimum hourly rate to $24 and edging closer to a $25 goal by 2025. “Providing a competitive minimum wage is core to being a great place to work — and I am proud that Bank of America is leading by example,

Buffett has been dumping stocks and raising cash lately. Bank of America has been Buffett's favorite bank stock for years. Its Q2 results were solid, and the stock trades at a reasonable valuation. Buffett has long been a fan of Bank of America,

Buffett has sold over $7 billion worth of Bank of America stock since the start of the third quarter. Meanwhile, one of the few stocks that he's consistently bought over the last two years is sitting near a two-year low,

Bank of America is a significant holding of Berkshire Hathaway, which recently sold 20% of its stake. Read why trimming BAC stock is not good for us here.

Warren Buffett bought only seven stocks for Berkshire Hathaway's portfolio in the second quarter of 2024. He seemed to be especially enthusiastic about Sirius XM Holdings (SIRI 3.