KKR Could Be A Brilliant Value Play

I initiate coverage on KKR & Co. Inc. with a Buy rating, citing solid Q3 results and an undervalued stock. KKR's Asset Management segment delivered 27% YoY fee-related earnings growth and respectable AUM inflows, despite investor hesitancy. Private credit risks are receding, and KKR's AI infrastructure push via Helix Digital presents long-term growth potential.