Top 10 Stocks for Your IRA: US Bancorp

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The following video is part of our "Motley Fool Conversations" series, in which analyst Jason Moser and advisor Charly Travers discuss topics around the investing world.

Jason and Charly bring you 10 stocks that you can buy and hold for the long term in your IRA to maximize its tax advantages. Jason likes banks as a long-term play, but given what we've just gone through with the Great Recession and its after-effects, not just any bank will do. US Bancorp is a solid operator, with a history of strong management to go with excellent growth prospects -- not to mention the backing of our favorite octogenarian investor -- and Jason sees it as an excellent addition to any IRA today.

Data continues to show that people are chronic undersavers for retirement. We tend to underestimate how much we'll need and overestimate how much we'll make in later years. Don't be stuck putting off your retirement dreams just because you didn't read our special free report: "3 Stocks that Will Help You Retire Rich." The report won't be available forever, so we invite you to enjoy a free copy today. You can access it by clicking here.

At the time this article was published Charly Travers and Jason Moser have no positions in the stocks mentioned above. The Motley Fool owns shares of Bank of America, Berkshire Hathaway, Citigroup, and Wells Fargo and has created a covered strangle position in Wells Fargo.Motley Fool newsletter services recommendWells Fargo. Try any of our Foolish newsletter servicesfree for 30 days. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.

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