Berkshire Hathaway (BRK.B): A Bill Gates-Backed Stock Expanding Its Housing Bet With Taylor Morrison Deal

Berkshire Hathaway B (NYSE:BRK.B) is one of the best stocks to buy according to billionaire Bill Gates. Berkshire Hathaway stock is backed by 130 hedge funds. Analysts see at least a 13% upside in Berkshire shares from the current level.

Berkshire Hathaway B (BRK.B) Has a Huge Cash Pile. It Found Use For It Here

On May 31, Berkshire Hathaway B (NYSE:BRK.B) said it would acquire homebuilder Taylor Morrison Home Corporation (NYSE:TMHC) for roughly $6.8 billion in cash.

Arizona-based Taylor Morrison owns more than 350 communities across 12 states. It’s one of America’s largest community developers and homebuilders. It also offers financial services, including loans, insurance, titles, and escrow to consumers.

The Taylor Morrison deal sets Berkshire on track to deepen its presence in the US housing market. Berkshire owns Clayton Homes and has a stake in Lennar Corp. The company intends to unify its various homebuilding operations into a combined platform.

This deal comes when Berkshire has built a huge cash pile. At the end of Q1 2026, the conglomerate was sitting on a $397 billion cash trove, a record level. Berkshire expects to close the acquisition of Taylor Morrison in the second half of 2026.

Berkshire Hathaway B (NYSE:BRK.B) is a sprawling conglomerate that owns a diverse mix of businesses. Insurance is its cornerstone business, and its brands in this space include GEICO and General Re. Berkshire also owns railroad, energy, and manufacturing businesses. It also has large equity stakes in some of America’s blue-chip companies.

While we acknowledge the risk and potential of BRK.B as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than BRK.B and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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