Monday, March 21, 2011

Ford (F) Beats Apple (AAPL) as Top March Stock Pick of March

Voting by readers of CNNMoney ended with their top stock pick in March being Ford Motor (NYSE:F), pushing the company handily past its nearest competitor Apple (NASDAQ:AAPL) by a margin of 57 percent to 43 percent for the month.

Other competitors they easily beat included Exxon Mobil (NYSE:XOM), Netflix (NASDAQ:NFLX), AT&T (NYSE:T) and Baidu (NASDAQ:BIDU).

The voting was participated in in rounds, with Ford winning in all rounds by a range of 60 percent to 80 percent.

As for Apple, they did well in all rounds with the exception of the one in direct competition with Ford, winning against formidable opponents like Sirius XM (NASDAQ:SIRI), with 94 percent of the votes in the first round, 82 percent versus Amazon (NASDAQ:AMZN) in round two, and more than 70 percent of the votes against Google (NASDAQ:GOOG) in round three. In the Final Four, 66 percent of voter chose Apple over manufacturing company Caterpillar (NYSE:CAT).

Ford was trading at $14.59, up $0.10, or 0.66 percent, as of 2:42 PM EDT. Apple was trading at $339.01, gaining $8.33, or 2.52 percent.




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