MADISON HEIGHTS, Mich., March 26 /PRNewswire/ -- The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine today announced Abbott Laboratories (NYSE: ABT) as its June 2010 "Stock to Study" and International Business Machines Corporation (NYSE: IBM) as its June "Undervalued Stock" for investors' informational and educational use.
"The committee chose Abbott Labs because the company is well-diversified and well-positioned to benefit from increased spending on health care, and its stock is reasonably valued," said Adam Ritt, editor of BetterInvesting Magazine. "For the Undervalued selection, the committee noted IBM's attractive valuation relative to expected continued growth." Check the BetterInvesting website in May for more details about these selections.
Committee members are Robert M. Bilkie, Jr., CFA; Daniel J. Boyle, CFA; Philip S. Dano, CFA; Donald E. Danko, CFA; Maury Elvekrog, CFA; Walter J. Kirchberger, CFA; and Marisa Lenhard, CFA.
As stated, the BetterInvesting committee's Stock to Study and Undervalued Stock choices are for the informational and educational uses of investors and are not intended as investment recommendations. BetterInvesting urges investors to educate themselves about the stock market so they can make informed decisions about stock purchases. For more information about investment education tools available to individual investors and investment clubs visit www.betterinvesting.org.
BetterInvesting Magazine is published monthly by BetterInvesting.
BetterInvesting is the brand identity of the National Association of Investors Corporation, a national, nonprofit association with members consisting of individual investors and investment clubs. Founded in 1951 and with headquarters in Madison Heights, Mich., BetterInvesting is considered the voice of the individual investor, as well as the pioneer of the modern investment club movement. BetterInvesting is dedicated to providing a sound program of investment education and information to help its members become successful long-term, lifetime 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.
SOURCE BetterInvesting Magazine