Part 2/6:
Currently priced at $27 per share, Gross mentioned that analyst Mike Olson sees potential for the stock to hit $36 per share in the near future. With a current dividend yield of 2.4%, Gross is taking a closer look at this investment opportunity.
Steve Broido posed an insightful question regarding the evaluation process of a business that primarily invests in and manages other companies. Gross suggested that investors should look at KKR’s after-tax and fee returns to better assess its performance and potential for growth.