✉news BusinessReal Estate first seen 7 h ago, last 3 h ago, peak #11

Berkshire executives buy another 2.7 million Lennar shares

Original: If Berkshire's $2.1 Billion Bet Is Right, You'll Probably Wish You Bought This Unloved Housing Stock. Abel and Weschler Just Bought Another 2.7 Million Shares Of Lennar.

Berkshire Hathaway's Greg Abel and Todd Weschler have purchased an additional 2.7 million shares of homebuilder Lennar, part of a roughly $2.1 billion stake in the unloved housing stock. Commentators suggest that if Berkshire's bet on homebuilding pays off as housing demand recovers, investors who passed on the discounted shares may regret it.

Why now: Berkshire Hathaway's continued buying of Lennar shares has drawn attention to an undervalued housing stock.

Berkshire HathawayLennarGreg AbelTodd Weschler

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Rank over time, top of the chart is #1. 4 snapshots from 7 h ago to 3 h ago.

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• If Berkshire's $2.1 Billion Bet Is Right, You'll Probably Wish You Bought This Unloved Housing Stock. Abel and Weschler Just Bought Another 2.7 Million Shares Of Lennar. · 247wallst.com

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