Boston Research & Management Inc is a financial and asset management firm. The firm provides comprehensive services for high net-worth individuals and families and institutions, with every service personalized to suit the unique needs of the client. The company’s SEC 13F Filings was forwarded on November 4, 2014, covering the quarter ended September 30, 2014. Its top three biggest holdings according to the filings are Microsoft Corporation (NASDAQ:MSFT), Exxon Mobil Corporation (NYSE:XOM), and Intel Corporation (NASDAQ:INTC).
Microsoft Corporation (NASDAQ:MSFT) emerged top amongst the firm’s investments for the third quarter, accounting for investment of $3.78 million in value. Microsoft Corporation (NASDAQ:MSFT) is the world’s largest software producer. Microsoft Corporation (NASDAQ:MSFT) also produces hardware, selling internationally. The company is known for its MS Windows operating system and Xbox video game console. The company owns Mojang, a video game developer, Skype, a video chat application, and has also acquired Nokia, the renowned mobile phone manufacturer. The company recently announced a partnership with Dropbox to enable Office users to share files more easily.
Exxon Mobil Corporation (NYSE:XOM) came out the second largest investment of Boston Research & Management Inc, having an investment value of $3.5 million. This is an energy multinational corporation that deals in oil, gas, electricity generation, among other services. Exxon Mobil Corporation (NYSE:XOM) has numerous subsidiaries through which it carries out several of its activities under different segments. Exxon Mobil Corporation (NYSE:XOM) had good performance in its third quarter despite the drop in oil prices. Exxon Mobil’s diluted earnings rose 5.6% year on year to $1.89 a share.
Intel Corporation (NASDAQ:INTC) emerged the third largest investment, representing a value of $3.47 million. Intel Corporation (NASDAQ:INTC) is a worldwide manufacturer of semiconductor chips used by several multinational manufacturers of computers, smartphones, among other devices. Some of these companies are Hewlett Packard, Acer, Asus, and more. Intel Corporation (NASDAQ:INTC) is focusing on expanding its market and securing new devices coming into the market including wearables. The stock was recently downgraded to “underperform” from “market perform” by Bernstein Research.
This article has been written by Victor Ochieng.