MADISON HEIGHTS, Mich.,
March 7, 2012 /PRNewswire/
-- Apple (ticker: AAPL) is the No. 1 holding of
BetterInvesting members, according to BetterInvesting
Magazine's list of Top 100 Companies for 2011 published in the
April issue. The company was No. 3 on last year's list, moving up
to take over the top spot from General Electric.
"BetterInvesting members are drawn to Apple's history of strong
sales and earnings growth and potential for future growth, coupled
with a price-earnings ratio they believe is reasonable," says
Adam Ritt, BetterInvesting's
director of communications as well as editor of the magazine. "In
using our online and desktop programs for analyzing the quality and
return potential of stocks, they've determined that this is a
well-managed company whose stock will provide a suitable long-term
return."
The rest of the top 10 is:
- General Electric (GE)
- Johnson & Johnson (JNJ)
- Ford Motor Co. (F)
- Stryker (SYK)
- Microsoft (MSFT)
- Procter & Gamble (PG)
- PepsiCo (PEP)
- Exxon Mobil (XOM)
- Intel (INTC)
Ford moved from No. 7 in 2010 to No. 4 this year, while Intel's
position increased to No. 10 from No. 15. "Our members rediscovered
Intel during the year as the company continued to show renewed
strength," Ritt says. "They likely also appreciated the dividend
yield, currently exceeding 3 percent."
Other notable movers included LKQ Corp. (LKQX), which soared
from No. 169 in 2010 to No. 48 in 2011. "LKQ is the type of stock
our members are continually seeking," Ritt says. "The company,
which provides replacement parts for auto repairs, is midsized with
high, consistent sales and earnings growth; growing pretax
profitability and return on equity; and a P/E ratio members believe
is reasonable given the company's growth potential."
To develop the list BetterInvesting Magazine drew on
aggregated data from online investment club accounting service
myICLUB.com, which is offered by BetterInvesting subsidiary
ICLUBcentral.
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. For additional BetterInvesting data and news
releases, visit the Media Center at
www.betterinvesting.org/mediacenter.
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SOURCE BetterInvesting