MADISON HEIGHTS, Mich. – May 2, 2008 – The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine today announced Franklin Resources Inc. (NYSE: BEN) as its July 2008 “Stock to Study” and General Electric Company (NYSE: GE), as its July “Undervalued Stock” for investors’ informational and educational use.
“The committee chose Franklin Resources because of its strong growth prospects as a mutual fund provider combined with the stock’s reasonable valuation,” said Adam Ritt, editor of BetterInvesting Magazine. “For the Undervalued selection, the committee believes that General Electric’s stock offers interesting return potential over the next 18 to 24 months.”
Check the BetterInvesting website in June 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; Kenneth S. Janke Sr.; Walter J. Kirchberger, CFA; Marisa Lenhard, CFA; and Donald T. Spindel, CFA.
General Electric supports BetterInvesting’s educational mission as an Investment Partner. Its participation was not a factor in the voting.
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.
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.