| By PR Newswire | Article Rating: |
|
| March 13, 2013 03:27 PM EDT | Reads: |
428 |
MADISON HEIGHTS, Mich., March 13, 2013 /PRNewswire/ -- BetterInvesting members held an estimated $103.5 million of Apple Inc.'s (AAPL) stock at the end of 2012, as the company remained atop BetterInvesting Magazine's Top 100, a list of stocks most widely held by the association's members. McDonald's (MCD), Caterpillar (CAT) and Starbucks (SBUX) also made significant moves up to the top of the list, which employs information provided by the myICLUB.com investment club accounting service.
"Many of our members are long-term holders of Apple," says Adam Ritt, the magazine's editor and BetterInvesting's director of communications. "The company made a significant move to No. 3 on the list at year-end 2010 from No. 27 the year before. And back when the stock was under $100 in late 2008-early 2009, many investment clubs and their members were adding Apple to their portfolios, as they recognized the company's growth prospects and reasonable valuation."
Clubs are actively evaluating Apple's prospects for the next several years, with buy and sell activity recently at high levels. "Apple led in both buying and selling activity in February," Ritt said, citing data from myICLUB.com, which is operated by BetterInvesting subsidiary and developer of investment club software ICLUBcentral.
BetterInvesting members typically seek well-managed companies with a demonstrated history of growing sales and earnings at relatively high rates and whose stocks are selling at reasonable prices. These long-term investors use BetterInvesting's online stock analysis tool and desktop program Toolkit 6 to evaluate a company's historical financial performance and investment suitability.
Meanwhile, McDonald's moved up from No. 16 to No. 6; Caterpillar, from No. 21 to No. 8; and Starbucks, from No. 28 to No. 18. The entire top 10 for 2012 is:
- Apple (AAPL)
- General Electric (GE)
- Johnson & Johnson (JNJ)
- Ford Motor Company (F)
- Microsoft (MSFT)
- McDonald's (MCD)
- PepsiCo (PEP)
- Caterpillar (CAT)
- Intel (INTC)
- Exxon Mobil (XOM)
"Though these are all large companies," Ritt said, "clubs particularly seek high-quality small and midsize companies." Bio-Reference Laboratories (BRLI), at No. 41 on the list, is one such example, moving up from No. 101 the year before. Other small and midsize companies in the Top 100 include Buffalo Wild Wings (BWLD), Celgene (CELG), Coach (COH), FactSet Research Systems (FDS), Fastenal (FAST), Intuitive Surgical (ISRG), LKQ Corporation (LKQ), Quality Systems (QSII) and Stericycle (SRCL).
The full list of Top 100 companies, along with Nos. 101-200, is in the April issue of BetterInvesting. Subscriptions are available at the BetterInvesting store, with smartphone/tablet versions at the iTunes, Google Play and Amazon stores.
About BetterInvesting
BetterInvesting is a national nonprofit organization that has been empowering individual investors since 1951. Founded in Detroit, the association (formerly known as National Association of Investors Corporation) was borne out of the conviction that anyone can become a successful long-term investor by following commonsense investing practices. BetterInvesting has helped more than 5 million people become better, more informed investors by providing webinars, in-person events, easy-to-use online tools for analyzing stocks and mutual funds, a monthly magazine and a community of volunteers and like-minded investors. For more information about BetterInvesting, visit its website at www.betterinvesting.org or call toll free (877) 275-6242.
SOURCE BetterInvesting
Published March 13, 2013 Reads 428
Copyright © 2013 SYS-CON Media, Inc. — All Rights Reserved.
Syndicated stories and blog feeds, all rights reserved by the author.
More Stories By PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
- Cloud People: A Who's Who of Cloud Computing
- AMD and Adobe Collaborate on Upcoming Version of Adobe Premiere Pro Software to Enable Breakthrough Video Editing Performance Through Open Standards
- Swipe to See Your Account Balance with Groundbreaking Bank of the West Mobile Apps, Built on Mobiliti from Fiserv
- New Relic Q1 2013 Blazes Past Growth Targets and Reaches 40,000 Active Customer Accounts
- AWS Going into a New Line of Work
- According to Nick Gholkar, Accounting Apps Make Conducting Business Easier
- GoBank Announces Timing of General Availability and National Distribution Relationships at FinovateSpring
- MicroStrategy Announces General Availability of MicroStrategy 9.3.1
- MicroStrategy Announces General Availability of MicroStrategy 9.3.1
- Apple’s Key Rubber-Band Patent Found Invalid Again
- Authors of McGraw-Hill Reading Wonders, Key Contributors to Development of Common Core State Standards, Speak on Literacy Issues at International Reading Association's 2013 Annual Convention
- How to Re-imagine Your Business for a Mobile World
- Cloud People: A Who's Who of Cloud Computing
- AMD and Adobe Collaborate on Upcoming Version of Adobe Premiere Pro Software to Enable Breakthrough Video Editing Performance Through Open Standards
- Swipe to See Your Account Balance with Groundbreaking Bank of the West Mobile Apps, Built on Mobiliti from Fiserv
- Upcoming Domino's Pizza Investor Events
- New Relic Q1 2013 Blazes Past Growth Targets and Reaches 40,000 Active Customer Accounts
- Scripps Networks Interactive’s Popular Lifestyle Shows from HGTV, DIY Network, Food Network, Cooking Channel and Travel Channel Coming to Prime Instant Video and Amazon Instant Video
- RetailMeNot Shoppers Trend Report: While Over 8 in 10 U.S. Residents Cite Affordability as Their Top Vacation Priority, a Majority (58%) Could Waste Hundreds of Dollars by Booking Travel a la Carte
- AWS Going into a New Line of Work
- Apple Ordered to Pay VirnetX $333K a Day
- According to Nick Gholkar, Accounting Apps Make Conducting Business Easier
- GoBank Announces Timing of General Availability and National Distribution Relationships at FinovateSpring
- MicroStrategy Announces General Availability of MicroStrategy 9.3.1
- Where Are RIA Technologies Headed in 2008?
- Sun Blew its "iPhone" Java Opportunity to AJAX
- Building an iPhone Application with Adobe AIR
- iPhone Will Make Mobile AJAX and Web 2.0 Happen
- AJAXWorld Conference Adds "iPhone Developer Track"
- Cloud People: A Who's Who of Cloud Computing
- Kindle 2 vs Nook
- Why Build Applications for the iPhone and iPod Touch?
- Designing For the "iPhone" Is a Refreshing Experience
- Apple iPad Reminds Us How Brands Succeed by Transforming Experiences
- New Column: A Geek's Bookshelf
- Android: Who Hates Google Over the Phone?





















