Warren Buffett’s Berkshire Hathaway made a significant bet on the housing market with an $800 million investment in Lennar stock and $191.5 million in D.R. Horton shares. While exiting D.R. Horton, Berkshire increased its stake in Lennar to $910 million. Berkshire appears to be making a short-term bet on housing stocks, but one investor plans to hold Lennar indefinitely due to positive personal experiences with the company. Lennar’s land-light business model, including the creation of Millrose Properties, positions the company for long-term growth and value for shareholders. The Motley Fool Stock Advisor team recently revealed their top 10 stock picks, excluding Lennar.
Personal experiences with Lennar’s quality and business model have made one investor a long-term shareholder. Lennar’s strategic land approach and recent acquisitions have strengthened its position in the market. The investor believes Lennar is a forever stock due to its potential for value growth. While Lennar wasn’t included in the top 10 stock picks by The Motley Fool Stock Advisor team, their recommendations have historically delivered strong returns. Consider joining Stock Advisor for access to their latest stock picks and community of individual investors.
Read more at NASDAQ.: Why I’ll Never Sell This Under-the-Radar Warren Buffett Stock
