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Why Oracles Buffett and Klarman Like Synchrony Financial

Buffett’s Berkshire Hathaway owns 17.5 million SYF shares while Klarman’s Baupost Group owns 29.3 million.
Citizens Financial Group (CFG) is the 13th largest retail bank holding company in the United States according to SNL Financial with $130.3 billion of total assets as of June 30, 2014. It is
Synchrony Financial (SYF) is one of the premier consumer financial services companies in the United States. It's the old GE Capital and is headquartered in Stamford, CT,. Nineteen other
Full IPO calendar & reports HERE.  In order of largest IPO first:   (1) Based in Stamford, CT, Synchrony Financial (SYF) scheduled a $3.06 billion IPO on the NYSE with a market