Down 54% over the last year, Silicon Valley Bank stock is being punished by investors. But Nick has some reasons this growth stock could be a long-term winner.
Motley Fool contributor Nick Rossolillo breaks down why he owns Silicon Valley Bank (SIVB.Q) stock. This bank stock is down big this year, and the economic cycle could be a risk. But Silicon Valley offers investors a unique opportunity to gain exposure to innovative start-up companies.
Check out the video for his full thoughts!
*Stock prices used were the midday prices of Oct. 17. The video was published on Oct. 19.
SVB Financial provides credit and banking services to The Motley Fool. Nicholas Rossolillo has positions in SVB Financial Group. Zane Fracek has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends SVB Financial Group. The Motley Fool has a disclosure policy. Zane Fracek is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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