If I Could Only Buy and Hold a Single Stock, This Would Be It

If you're looking for one stock to create a portfolio that's competitive with the rest of the world, you need something that's heavily entrenched in what it does, and that does it better than everyone else. Furthermore, it needs a history of keeping up with the S&P 500. Otherwise, what's the point of even owning an individual stock versus an exchange-traded fund (ETF) that tracks the market?Enter BlackRock (NYSE: BLK). This asset manager has been in the game for a long time, and has outpaced the broader market often. You're probably familiar with its host of "iShares" ETFs. The company offers investors a whole host of options related to investments through these types of funds, and it has benefited greatly.Total revenue growth was admittedly a bit weak in the past few fiscal years, but I think it would be shortsighted to look at it from such a short-term viewpoint. BlackRock has turned itself into a behemoth of finance, and stands to benefit from that scale. A strong stock portfolio should contain a couple dozen or more companies, but if, for some reason, I could only own one stock, it would be BlackRock.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool