Motorola Stock Popular for Investment Clubs

Schaumburg, Ill.-based Motorola Inc. was the most popular stock among America’s investment clubs in 1996, replacing McDonald’s Corp., which held the top spot for the last six years. According to the National Assn. of Investors Corp., a nonprofit organization of investment clubs and individual investors, this represents “a major shift in direction for the nation’s approximately 25,900 investment clubs.” Five high-technology companies were among the top 20 popular stocks of the year, according to the list published in the April edition of Better Investing magazine. In addition to Motorola, other high-technology stocks in the top 10 were Intel Corp. (No. 5), Lucent Technologies Inc. (No. 8), RPM Inc. (No. 9) and AT&T; Corp. (No. 10). McDonald’s dropped to fourth place in the 1997 rankings. Rounding out the top 10 were PepsiCo Inc. (No. 2), Merck & Co. (No. 3) and AFLAC Inc. (No. 6).