1 Stock to Buy for Your Kid's Portfolio
Apr 28th 2013 10:00AM
Updated Apr 28th 2013 3:30PM
In this video, history is made when both Matt Koppenheffer and David Hanson agree on an investment thesis: They agree that Markel is the superior investment for a 20-year time span rather than Bank of America. Markel, they note, is a great company that consistently grows profits and book value. Bank of America, meanwhile, is trading cheap, and it may be a good investment for five years, but for a 20-year time frame, it's not a proven great company. Matt and David say they'd like to see more tangible evidence of improved business performance at Bank of America before recommending it as a long-term investment.
Bank of America's stock doubled in 2012. Is there more yet to come? With significant challenges still ahead, it's critical to have a solid understanding of this megabank before adding it to your portfolio. In The Motley Fool's premium research report on B of A, Matt joins analyst Anand Chokkavelu, CFA, to lift the veil on the bank's operations, including detailing three reasons to buy and three reasons to sell. Click here now to claim your copy.
The article 1 Stock to Buy for Your Kid's Portfolio originally appeared on Fool.com.David Hanson owns shares of Markel. Matt Koppenheffer owns shares of Bank of America and Markel. The Motley Fool recommends Markel and owns shares of Bank of America and Markel. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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