Over the past decade, banks have cleaned their books of bad loans, added more capital to their balance sheets, and positioned themselves to benefit from rising rates. The improvements haven't gone unnoticed. Tax reform, rising interest rates, and a strong economy make this a good time to get bullish like Warren Buffet...
Last quarter, Warren Buffett, easily the greatest investor of all time, plowed several billion dollars into the largest U.S. banks, giving his stamp of approval to just about every big bank on the market. Below, three Motley Fool contributors make the case for buying Bank of America (NYSE:BAC), Financial Select Sector SPDR ETF (NYSEMKT:XLF), and PNC Financial (NYSE:PNC) as the best ways to bet on bank stocks.
Source: Motley Fool
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