Greg Abel just made his first big deal as Berkshire CEO. Why Warren Buffett is happy
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Berkshire Hathaway under Greg Abel has acquired homebuilder Taylor Morrison, reportedly at a bargain valuation, marking Abel's first major deal as CEO. TMHC is trading flat on the news despite strong analyst consensus (10B/3SB vs 2S) and a strategic acquirer now in the picture, suggesting the market may be underpricing a takeout premium or re-rating catalyst.
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↑ LONG+12% target-7% stop4-8 weeks
Long TMHC — Berkshire's entry at a 'bargain valuation' anchors downside while 10B/3SB consensus and muted price reaction leave upside on the table.