Bank stocks are ‘very attractive’

Warren Buffett

David A. Grogan | CNBC

Berkshire Hathaway founder Warren Buffett spoke to CNBC’s Becky Quick on “Squawk Box” on Monday.

“I feel really very good about the banks we very own. They’re very desirable as opposed to most other securities I see,” Buffett mentioned. 

Financial institutions are a large aspect of Berkshire Hathaway’s portfolio, which is truly worth extra than $248 billion.

Goldman Sachs, JPMorgan Chase, Financial institution of The us, BNY Mellon, and U.S. Bancorp were being all amid Berkshire’s 15 most significant inventory holdings.

This tale is developing. Remember to check out back for updates.

Subscribe to CNBC Pro for exceptional insights and analysis, and reside small business working day programming from all over the entire world.

Resource website link