Buffett's Bank Sell-Off Amid Rate Cuts

$Bank of America(BAC)$ 👀

Seriusly considering to continue the series of Fundamental analysis with banks.

Today the series of eCommerce and Retail was completed: $Costco(COST)$ $Amazon.com(AMZN)$ $Target(TGT)$ $Shopify(SHOP)$ $Wal-Mart(WMT)$

Yes, Warren Buffet has sold many great stocks, but this selling spree is something that aligns with rate cuts.

It explores the phenomenon of growth companies whose stock prices rise📈 despite negative fundamental indicators, a high or negative P/E ratio doesn't necessarily prevent a stock from appreciating.

Conversely mature companies' stocks can behave in an opposite way📉.

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https://x.com/SmartReversals/status/1839083907502706868

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