Obama's Top 10 Stocks (Large & Mid Size Companies)

President Elect Barack Obama

Wondering what President Obama selects for investing in equities?  CNNMoney asked that same question and did some research back in May 2009, despite the article being a few months old, the companies still hold up quite well and are worth reviewing.

Let's cut right to the chase, the tickers include the following:

JPM, AAPL, GOOG, INTC, QCOM, MCD, BAC, AMGN, CVS, GILD

NEW YORK (CNNMoney.com) -- When it comes to policy, President Obama is moving like lightning. But when it comes to his investments, he's playing it cool.

obama moneyObama holds the bulk of his investing assets in U.S. Treasury bonds, with a range of between $1 million and more than $5 million, according to a disclosure of personal financial interests
released Friday.

He also has between $101,000 and $265,000 in two checking accounts.

To save for his kids' college tuition, he has between $100,000 and $200,000 in two 529 savings plans from Bright Directions: One for children up to 8 years old and one for those between 9 and 12.

The vast majority of his mutual fund holdings are in the Vanguard FTSE Social Index fund (VFTSX), with a range of between $115,000 and $250,000.

According to the Vanguard site, the fund consists of mostly U.S. large and mid-sized companies that meet certain social and environmental criteria. The index tracks the performance of the FTSE4Good US Select.

The fund's Top 10 holdings, according to the Vanguard site are:

JP Morgan Chase (JPM)
Apple (AAPL)
Google (GOOG)
Intel (INTC)
Qualcomm (QCOM)
McDonald's (MCD)
Bank of America (BAC)
Amgen (AMGN)
CVS Caremark (CVS)
Gilead (GILD)

SOURCE: http://money.cnn.com/2009/05/15/news/economy/obama-stocks/index.htm

 

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