BetterInvesting Magazine Releases October Stock to Study and Undervalued Stock Choices for Investors' Informational and Educatio
04 August 2008 - 4:09PM
PR Newswire (US)
MADISON HEIGHTS, Mich., Aug. 4 /PRNewswire/ -- The Editorial
Advisory and Securities Review Committee of BetterInvesting
Magazine today announced Fastenal Company (NDQ: FAST) as its
October 2008 "Stock to Study" and Zions Bancorporation (NDQ: ZION)
as its October "Undervalued Stock" for investors' informational and
educational use. "The committee chose Fastenal, which operates
stores selling industrial and construction supplies, because of the
company's strong management and continued growth prospects," said
Adam Ritt, editor of BetterInvesting Magazine. "Committee members
noted its recent performance in difficult business conditions. For
the Undervalued selection, Zions Bancorporation, which provides
banking services in the West and Southwest, faces the same
challenges as other financial services companies, but it operates
in a growing region and has a solid growth history, and its stock
is selling at a very reasonable valuation." Check BetterInvesting
Magazine's October issue for a detailed review of each company.
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. 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
http://www.betterinvesting.org/. 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. For more information about BetterInvesting,
visit its website at http://www.betterinvesting.org/ or call toll
free (877) 275-6242. For additional BetterInvesting data and news
releases, visit the Media Center at
http://www.betterinvesting.org/mediacenter. CONTACT: Rachel Heaney
of BetterInvesting, +1-248-583-6242 DATASOURCE: BetterInvesting
CONTACT: Rachel Heaney of BetterInvesting, +1-248-583-6242 Web
Site: http://www.betterinvesting.org/
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