Navellier Growth: your source for market-beating growth stocks

 

06.25.08: As we move into volatile times of summer and have some huge gains in positions, would it be advisable to set stop orders to lock in gains if we have a sell-off and then buy back a position later?

You are always welcome to take profits whenever you wish. Yes, the summer can be volatile, but I strongly recommend that you hold your stocks through the upcoming second-quarter earnings announcement season that will commence in July. If you want to take profits, it would be after your stocks release their strong quarterly earnings.

I should add that I do not use stop loss orders in Emerging Growth, since I am trying to get you long-term capital gains (only 15% federal taxes) and stops could interfere will my goal of paying less taxes. However, in my Quantum Growth service, I utilize stops since it is more of a trading service with several buys and sells every week. The extra work certainly comes with extra rewards, though, as my subscribers have beat the S&P 500 by a 30-to-1 margin! If you enjoy more active trading and are willing to foot the tax bill, you may want to check out Quantum Growth.

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