Is Buffett's Favorite Financial Stock Right for You?

By Chris Hill – Updated Apr 7, 2017 at 6:22PM

NYSE: BRK.A

Berkshire Hathaway

Market Cap

$879B

Today's Change

(1.18%) $7,100.00

Current Price

$611,244.00

Price as of April 19, 2024, 4:00 p.m. ET

The guest on this week's nationally syndicated Motley Fool Money radio show is banking analyst Mike Mayo, author of Exile on Wall Street: One Analyst's Fight to Save the Big Banks From Themselves. While Berkshire Hathaway owns shares of American Express and US Bancorp, Warren Buffett said recently that Wells Fargo is the one he would hold if he could own only one. In this audio segment, Mayo analyzes whether Buffett's favorite financial stock makes sense for individual investors.

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Chris Hill owns no shares of any of the companies mentioned. The Motley Fool owns shares of Citigroup, Berkshire Hathaway, and Wells Fargo and has created a covered strangle position in Wells Fargo. Motley Fool newsletter services have recommended buying shares of Goldman Sachs, Berkshire Hathaway, and Wells Fargo and creating a write covered strangle position in American Express. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.