BOC - These 2 Stocks Are All-Stars in the Making
There's no way to know for sure which stocks will be the multibaggers of tomorrow. However, there are some companies that have excellent leadership, strong capitalization, and massive addressable market opportunities. Here are two in particular that could be long-term home runs for investors who get in during the 2022 bear market.
Boston Omaha (NYSE: BOC) is an up-and-coming conglomerate that is often compared with an earlier-stage Berkshire Hathaway . And it's easy to see why. Boston Omaha's co-CEOs are following Warren Buffett's Berkshire playbook pretty closely -- they invest in businesses with low ongoing capital requirements and excellent cash flow, and they aren't afraid to invest in noncontrolling stakes when they see excellent opportunities.
The company has four main subsidiaries. Its three operating businesses are billboards, insurance, and broadband. And the newly created Boston Omaha Asset Management (BOAM) business is where everything else is housed, including large stakes in publicly traded companies Dream Finders Homes and Sky Harbour . The most exciting part of the BOAM business is just getting started, as the company sees massive opportunities in built-for-rent housing and fiber infrastructure and it plans to raise outside capital to pursue them.
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These 2 Stocks Are All-Stars in the Making