— 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.”
- 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.
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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Director of Communications, BetterInvesting