MADISON HEIGHTS, Mich., Aug. 3, 2012 /PRNewswire/ -- The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine today announced Hormel Foods Corporation (NYSE: HRL) as its October 2012 "Stock to Study" and Apple Inc. (NDQ: AAPL) as its October 2012 "Undervalued Stock" for investors' informational and educational use.
"The committee chose Hormel because of the company's ability to identify growth opportunities and margin improvement coupled with a reasonable valuation," said Adam Ritt, editor of BetterInvesting Magazine. "For the Undervalued selection, the committee cited Apple's new product introductions in the coming months as catalysts for a rebound in the stock price." Check BetterInvesting Magazine's October issue 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; Marisa Lenhard, CFA; and Paul McVey, 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.