MADISON HEIGHTS, Mich. – Aug. 1, 2019 – The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine today announced Caterpillar Inc.(NYSE: CAT) as its October 2019 “Stock to Study” and Goldman Sachs Group, Inc. (NYSE: GS) as its October 2019 “Undervalued Stock” for investors’ informational and educational use.
“The committee selected Caterpillar for its growth potential in any upcycle for infrastructure spending, coupled with a reasonable valuation,” said Adam Ritt, editor in chief of BetterInvesting Magazine. “For the Undervalued selection, the committee cited Goldman Sachs’ initiatives to expand its offerings, including a credit card and wealth management for the mass affluent segment.”
Check BetterInvesting’s October issue for more details about these selections. Go to the trial version of BetterInvesting’s online tools to study the investment potential of Caterpillar and Goldman Sachs by viewing their fundamental data and applying judgments.
Committee members are Robert M. Bilkie, Jr., CFA; Daniel J. Boyle, CFA; Marisa Bradbury, CFA; Philip S. Dano, CFA; Walter J. Kirchberger, CFA; and Adam Ritt.
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.
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 of the conviction that anyone can become a successful long-term investor by following common-sense 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, 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.