Top 10 Stocks for Your IRA: Nike
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 are bringing you 10 stocks that you can buy and hold for the long term in your IRA to maximize its tax advantages. Today they're "just doing it" and adding Nike to the mix. Nike possesses a phenomenal brand that's understood the world over, and the company just keeps setting new standards for others to follow. A solid balance sheet and dependable free cash flow mean the company controls its own fate and should serve investors well for many years to come.
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At the time this article was published Charly Travers has no positions in the stocks mentioned above. Jason Moser owns shares of Amazon.com. The Motley Fool owns shares of Amazon.com and Dick's Sporting Goods.Motley Fool newsletter services recommendAmazon.com and Nike. 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.