Boston Omaha Corporation (NASDAQ:BOMN)

A tiny company with a proven business model
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[...] Boston Omaha ($BOMN), a tiny financial holding company that currently focuses on billboard advertising and surety insurance, though it also has smaller stakes in various businesses including a homebuilder, a regional bank, and a real estate services firm.

But perhaps most exciting for investors today is that Boston Omaha follows a similar method for building shareholder value to what Warren Buffett employed with Berkshire Hathaway. That connection is no coincidence. In late 2017, Boston Omaha shares rallied after The Wall Street Journal highlighted that one of its co-CEOs is Buffett's grandnephew Alex Buffett Rozek.

Of course, the same article was quick to point out the older Buffett does not own Boston Omaha shares and has nothing to do with its daily operations. But the Oracle of Omaha did say he "think[s] the world of Alex," adding that his younger kin has a "very good mind [and] good values."

Still, Boston Omaha remains in the earliest stages of its long-term story. Revenue more than tripled last quarter on a year-over-year basis, to just over $10 million, mostly driven by recent billboard acquisitions and the expansion of its surety insurance operations.

With shares trading at a reasonable 1.36 times book value today, I think investors who buy Boston Omaha now could be in for staggering gains as it continues to grow in the coming years.
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Steve Symington (TMFSymington):
https://www.fool.com/investing/2019/10/11/3-top-growth-stocks-to-buy-in-october.aspx
October 11, 2019

Grabbing up cash generating businesses