Many UK Fools will respond with “investing for the future” when asked what goals they want to achieve from stock-picking. ‘The future’ can mean something different for everyone, of course! For those who plan to pass a portion of their wealth down the family tree, shares with long-term growth potential will be important… What it does: Barclays is a Tier 1 global bank, serving a wide range of client types all around the world. By Jon Smith. When taking the long-term approach to picking UK stocks, I struggle to find a better candidate right now than Barclays (LSE:BARC). It’s true that the stock has already jumped by 16% over the past year, but I feel it has a long way to go before it starts to become overvalued. The bank is changing strategy, which was announced back in February. It’s on a multi-year cost saving and efficiency drive. This should leave the firm in a much more profitable position going forward. This ultimately should be reflected in a higher share price with a fairer value. After all, the current price-to-earnings ratio is just 6.61 (below my benchmark of a fair value of 10). A risk is the potential interest rate cuts,...