Though Warren Buffett's firm missed out on some gains, Berkshire's Apple trade will likely go down as one of its best in history.

Berkshire Hathaway is arguably always Buffett's favorite stock. But another stock commands a strong second place.

Warren Buffett’s Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) is often considered a reliable stock for conservative long-term investors. The conglomerate is led by Warren Buffett, who famously said his favorite holding period for a stock is "forever.

Warren Buffett hasn't seen a lot to like in the stock market lately. The Oracle of Omaha has sold more stocks than he bought in each of the last seven quarters reported by Berkshire Hathaway (NYSE: BRK.

Detailed price information for Bank of America Corp (BAC-N) from The Globe and Mail including charting and trades.