MADISON HEIGHTS, Mich., Jan. 4, 2013 — The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine today announced T. Rowe Price Group, Inc. (Nasdaq: TROW) as its March 2013 “Stock to Study” and American Express Company (NYSE: AXP) as its March 2013 “Undervalued Stock” for investors’ informational and educational use.
"The committee chose T. Rowe Price because of the company’s opportunities for growth based on a continued shift by investors from bond funds to equity funds," said Adam Ritt, editor of BetterInvesting Magazine. “For the Undervalued selection, the committee cited the relatively high credit quality of American Express customers and current low valuation as reasons for optimism over the next 18 months." Check BetterInvesting Magazine’s March 2013 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.
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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.