BOC - Down 30% Is Now The Time to Buy This Baby-Berkshire Stock?
Markets have not been kind to investors so far in 2022. This is especially true for technology and small-cap stocks, which have both underperformed the top indices so far in 2022. One small-cap stock that has been taken to the woodshed is Boston Omaha (NYSE: BOC) , a small-cap conglomerate started in 2015. The stock is down 25.8% year to date, even though the company continues to grow its operational businesses and make smart investments. In fact, with this drawdown, Boston Omaha stock is only up 42% since the 2015 takeover, severely underperforming the S&P 500 's 79% total return over that same time period.
Boston Omaha is being left for dead by many investors right now. Are they right? Or does that mean now is the time to pick up some shares?
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Down 30%, Is Now The Time to Buy This Baby-Berkshire Stock?