At The Motley Fool, we're buy-and-hold, long-term investors, but before we can hold a stock, we have to pick the stock, so our analysts are constantly on the lookout for high-quality investment ideas. And every week, some businesses stand out from the crowd more than others.
So, as usual, this Motley Fool Money episode ends with a segment in which host Chris Hill asks his guests -- this time, senior analysts Ron Gross, David Kretzmann, and Jason Moser -- which companies they have their eyes on, and why. Learn why they picked early-stage conglomerate Boston Omaha (NASDAQ:BOMN), recently public event-management company EventBrite (NYSE:EB), and ski resort giant Vail Resorts (NYSE:MTN).
A full transcript follows the video.
This video was recorded on Oct. 12, 2018.
Chris Hill: Let's get to the stocks on our radar. Our man behind the glass, Steve Broido, is going to hit you with a question. Ron Gross, you're up first. What are you looking at this week?
Ron Gross: I've got a radar stock, not a recommendation yet. Boston Omaha, BOMN. It's a small-cap stock, only about $600 million market cap. Under the radar, early stage conglomerate -- which is fun, an early stage conglomerate. They invest in businesses with attractive economics, mostly right now in outdoor advertising à la billboards, and surety bonds insurance. They also hold some home building real estate services and some other things, too.
Really strong leadership. Two investment guys. Right now, they're only taking minimum wage as a salary until they can grow this thing. I really like how they're aligning themselves with shareholders.
Hill: Steve, question about Boston Omaha?
Steve Broido: What's the most memorable billboard you can remember, Ron?
Gross: [laughs] Well, on the way to Vegas, there are some very interesting billboards that you see as you get closer to the strip.
Hill: Jason Moser, what are you looking at this week?
Jason Moser: Taking a look at a recent IPO here called Eventbrite, ticker EB. As I said, they just went public, so there isn't a whole heck of a lot of information out there beyond the S-1. This is a tech platform in the form of an app and also desktop. Ultimately, they have the components for individuals and groups to plan, promote, produce live events. This helps them do that without having to go to a number of different providers. It helps drive ticket sales. That's ultimately how they make their money, by getting the fees from these tickets sales.
The interesting thing about this company is management. It's led by a husband and wife team of Kevin and Julia Hartz. If Kevin Hartz sounds familiar, Chris, well, Kevin Hartz was also behind the founding of Xoom, which is a company that was recently acquired by PayPal, and I liked it a lot.
Hill: You were very bitter about that acquisition.
Moser: I was a little bitter.
Hill: You wanted Xoom to be a stand-alone public company.
Moser: Still harboring a little bit of it, too.
Hill: Steve, question about Eventbrite?
Broido: Sure. With all the video streaming that's going on in this world today, do you worry about that taking a hit at Eventbrite?
Moser: I think that's an opportunity, potentially, to leverage what they're doing with partners, whether it's Live Nation. We've seen Live Nation with Twitter, for example, start offering some video streaming there. I think there are a lot of different ways they can leverage that content with social partners to be able to get that out to bigger audiences.
Hill: David, what are you looking at?
David Kretzmann: I'm looking at Vail Resorts, ticker MTN. I believe this was Matty's radar stock last week, so I'm double dipping here. This is the company behind ski resorts. They're increasingly diversified across different seasons, summer and winter, and geographies around the world. Dividend yield at an all-time high. 24X free cash flow. I'm taking a look.
Broido: How do I know when I'm ready for the black diamond?
Kretzmann: Oh, gosh, don't ask me, Steve! That's the answer.
Hill: What do you want to add to your watchlist, Steve?
Broido: Eventbrite sounds pretty cool.
Chris Hill has no position in any of the stocks mentioned. David Kretzmann owns shares of Vail Resorts. Jason Moser has no position in any of the stocks mentioned. Ron Gross has no position in any of the stocks mentioned. Steve Broido has no position in any of the stocks mentioned. The Motley Fool recommends Boston Omaha and Vail Resorts. The Motley Fool has a disclosure policy.