Retail Investors Outperforming Professionals With Citigroup, Ford, and Sirius XM Radio Inc.
By Peter York, Published: August 21st, 2009 11:14 AM CDT
In today's market, it's not the professionals who are celebrating as much as the retail investors. Consider three stocks that seem to show up in retail portfolios everywhere: Citigroup Inc. (C), Ford Motor Company (F), and Sirius XM Radio Inc (SIRI). Institutional ownership in these stocks are well under 50% which suggests a significant retail presence in companies with a combined market cap of over 85 billion. In just the last month, Ford is up 25%, Citigroup is up 77% and Sirius is up an astounding 104%.
On the other hand, look at three top professional stocks, where at least one of these stocks will pop up in just about any fund manager's portfolio: Johnson & Johnson, Microsoft and Exxon Mobil (XOM) Corporation. J&J is up 3%, Microsoft (MSFT) is down 3% and Exxon is down 1%. Granted, these companies are in the stratosphere in terms of a combined market cap of over 700 billion. But it is significant to note, nonetheless, that retail investors are appearing to be the real victors in this new post apocalyse market.