The Motley Fool's CTO, Jeremy Phillips, has picked Ancestry.com for his summer stock. The company recently announced that it has surpassed 2 million members. While many see Ancestry as a potential takeover target, Jeremy hopes the company remains independent because he sees long-term growth opportunities for the business.
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Eric Bleeker and Jeremy Phillips have no positions in the stocks mentioned above. The Motley Fool owns shares of Ancestry.com. Motley Fool newsletter services recommend Ancestry.com. Try any of our Foolish newsletter services free for 30 days. We Fools may not 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.