Investment Clubs Continue to Like Home Improvement
September 7, 2005 -
PRESS RELEASE
Contact
Information:
ICLUBcentral Inc.
248-654-3100
http://www.iclub.com/
FOR
IMMEDIATE RELEASE: (September 7, 2005)
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
– 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).
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.
###
About ICLUBcentral
Based in Cambridge, MA, ICLUBcentral Inc. (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.
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