BOC - This Stock Is Like a Mini-Berkshire Hathaway and It Could Soar Soon
Boston Omaha (NYSE: BOC) has pivoted in its business model, and it's gotten the attention of investors. In this clip from "The Rank" on Motley Fool Live , recorded on May 2 , Motley Fool contributor Matt Frankel discusses how he ranked Boston Omaha and the reasons it might make a great long-term investment.
Matt Frankel: Boston Omaha is often compared to an early stage Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) , but that's kind of a lazy explanation, in my opinion. They are a smaller company. Their market cap is about 0.1% the size of Berkshire's, so not even really a fair comparison. There's two main parts of their business. They have subsidiary businesses. Those are in billboard advertising, insurance. They write surety insurance, which a lot of businesses have to carry to protect their customers and clients and things like that.
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This Stock Is Like a Mini-Berkshire Hathaway, and It Could Soar Soon