Investment Clubs Continue to Like Home Improvement
Home Depot Continues to Top List as Company Most Widely Held by Investment Clubs –- Pfizer Follows Close Behind.
Cambridge, MA (PRWEB) September 9, 2005
ICLUBcentral Inc., the market leader in investment club software and web services, released the list of the most widely-held stocks owned by investment clubs as of September 1, 2005, as recorded by active clubs using the company's Club Accounting Online investment club web service (http://www. naic-club. com (http://www. naic-club. com)).
Topping the investment club stock list for August 2005 is home improvement retailer Home Depot, owned by 40.2% of investment clubs. Close behind Home Depot in popularity are pharmaceutical giant Pfizer (held by 39.3% of clubs) and General Electric (35.4%). Cisco Systems and Harley-Davidson round out the top five slots.
The complete list of the ten most popular stocks, listed in order of the total number of clubs holding each stock, is as follows:
Top-Held Stocks by Investment Clubs, ranked by % of Clubs Holding*
1. Home Depot Inc. (HD) 40.2%
2. Pfizer Inc. (PFE) 39.3%
3. General Electric Co. (GE) 35.4%
4. Cisco Systems Inc. (CSCO) 21.4%
5. Harley-Davidson Inc. (HDI) 20.8%
6. Microsoft Corp. (MSFT) 20.0%
7. Johnson & Johnson Inc. (JNJ) 18.7%
8. Intel Corp. (INTC) 18.6%
9. Bed Bath & Beyond Inc. (BBBY) 17.4%
10. Walgreen Co. (WAG) 17.0%
As of September 1, 2005
The same ten companies also appeared on July's list, though there was some change in the rankings – Cisco edged up one slot in the prior month, replacing Harley-Davidson in the number four slot; Johnson & Johnson and Intel traded positions on the list, as well.
When ranked by total dollars invested by clubs, Home Depot still tops the list, followed by General Electric and domestic merchandise superstore operator Bed Bath & Beyond. Johnson & Johnson, Pfizer and Walgreen are close behind in the total amount invested by clubs.
Top-Held Stocks by Investment Clubs, ranked by Total $ Invested*
1. Home Depot Inc. (HD)
2. General Electric Co. (GE)
3. Bed Bath & Beyond Inc. (BBBY)
4. Johnson & Johnson Inc. (JNJ)
5. Pfizer Inc. (PFE)
6. Walgreen Co. (WAG)
7. Amgen (AMGN)
8. Cisco Systems Inc. (CSCO)
9. Harley Davidson (HDI)
10. Lowes Companies (LOW)
As of September 1, 2005
All of these stocks also appeared in July's top ten list by dollars invested, although Pfizer and Johnson & Johnson swapped places, as did Amgen and Cisco Systems.
"America's investment clubs continue to hold shares in some of the best known companies in America," commented Douglas Gerlach, ICLUBcentral's President and the author of Investment Clubs for Dummies. "Consumer retail, technology, and pharmaceuticals are the most popular industry groups held by investment clubs."
"But clubs have a wild side, as well," he added. "Harley-Davidson is the fourth most popular stock in club portfolios."
Investment clubs typically meet once a month, and members typically contribute anywhere from $20 to $100 each to invest in the club's joint portfolio. Most clubs invest directly in stocks, learning and applying the mechanics of stock selection while building a diversified portfolio of high-quality, growth-oriented companies to be held for the long term.
About Club Accounting Online
ICLUBcentral's Club Accounting Online is the most popular web-based accounting and administrative tool for investment clubs. Club Accounting Online and is the only online service approved for clubs by BetterInvesting™, the leading national non-profit organization devoted to investor education and investment clubs. Club Accounting Online is a full-featured suite of web tools for club accounting and operations, including all of the bookkeeping functionality necessary for clubs to record deposits into the club made by members as well as investments purchased by the club as a whole. The service also provides secure private message boards and calendars, file sharing, and detailed financial reports. An annual subscription is $49, and a free 60-day trial is available. For more information on Club Accounting Online, please visit http://www. naic-club. com (http://www. naic-club. com).
About ICLUBcentral
Based in Cambridge, MA, ICLUBcentral Inc. (http://www. iclubcentral. com (http://www. iclubcentral. com)) develops high-quality tools for individual investors and investment clubs, including software products, web services and the market-beating Investor Advisory Service newsletter. ICLUBcentral's products include:
Accounting software for investment clubs: Online and Windows versions of club accounting software, plus Federal and state tax printers. Stock analysis software: Investor's Toolkit, Stock Analyst, Classic Plus and Take Stock. Stock screening software: Stock Prospector. Investing newsletter: the Investor Advisory Service.
For more information on ICLUBcentral's products, visit http://www. iclub. com (http://www. iclub. com).
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