Last Thursday BetterInvesting Magazine’s Editorial Advisory and Securities Review Committee selected Deere & Company (NYSE: DE) as its November 2012 “Stock to Study” and ResMed Inc. (NYSE: RMD) as its November 2012 “Undervalued Stock” for investors’ informational and educational use.
The committee focused on Deere’s strong growth opportunities both in emerging and mature markets. As the latest Value Line report on DE says, “Farmers in nearly all corners of the world are reaping the rewards of auspicious commodity fundamentals, leading them to invest in farm equipment.” Meanwhile, the company should benefit from strong recurring revenues via providing replacement parts.
ResMed, which sells equipment for the treatment of sleep apnea, should continue to prosper as new product launches increase revenues, the committee said. Use of ResMed’s Home Sleep Testing technology is growing, and the Humicare D900 humidifier, if approved by the FDA in the upcoming year, could be among the products boosting top-line numbers.
Look for more information on these companies in the November 2012 issue.
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.
Full PRNewswire release here: http://prn.to/PGh45K
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 is a national nonprofit organization that has been empowering individual investors since 1951. Founded in Detroit, the association (formerly known as National Association of Investors Corporation) was borne out of the conviction that anyone can become a successful long-term investor by following commonsense investing practices. BetterInvesting has helped more than 5 million people become better, more informed investors by providing webinars, in-person events, easy-to-use online tools for analyzing stocks and mutual funds, a monthly magazine and a community of volunteers and like-minded investors. For more information about BetterInvesting, visit its website at www.betterinvesting.org or call toll free (877) 275-6242.
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