Navellier Growth: your source for market-beating growth stocks

Hey look, I’m famous! In today’s MarketWatch, Peter Brimelow writes:

NEW YORK (MarketWatch) -- Another top-performing bull may be getting cold hoofs, although he’s still charging.

Louis Navellier’s Blue Chip Growth Letter is seventh-best-performing letter over the past 12 months according to the Hulbert Financial Digest, up 29.88% vs. 5.62% for the dividend-reinvested Dow Jones Wilshire 5000. But its success goes much further back than that. Over the past 10 years, Blue Chip is up 14.11% annualized vs. 6.31% annualized for the total-return DJ Wilshire.

That is a remarkable record. However, as I’ve occasionally noted, Navellier (or his publishers) feel the need to make it even more remarkable, with ruthless promotional mail shots and eye-catching impossible claims. See July 14, 2006 column.

Ignoring my harrumphing, Navellier is still at it. In a recent emailing, he writes: "Our goal is to hand our readers 35% to 50% gains every 12 months. It’s a vow I’ve kept for more than two decades."

Bunk. (See above).

Whoa, Peter! I love your writing, and I’m always grateful for the coverage, but remember—there’s a difference between a claim and a goal. My goal is to completely annihilate the market, but I can only claim to have given it a severe beat down. See, it’s all in the wording.

As for my promotions being “eye-catching” and “ruthless” ...well, I darn well hope so! I’m a businessman, and I make no apologies for it. Why should I? While other folks were panicking, we beat the market by fivefold last year. I believe I write the best newsletters on the market. Period. If I didn’t believe it, I wouldn’t do it. Heck, if I didn’t believe it, I couldn’t do it.

So please forgive me for doing a little, you know, advertising. But when my subscribers are making 85% in Mosaic (MOS) since we bought it in October or 71% in Vimpel Communications (VIP) and 76% in Potash (POT) —both since June, I can’t help but want to spread the word!

I started Blue Chip Growth to help individual investors. It’s really a disgrace the way the financial establishment ignores individual investors.

Just look at what happened today. The market got crushed again. The economy is sliding into recession. In three months, the Dow has dropped 1,800 points. Frankly, Bernanke is being a weenie (that’s a technical term). Today, he told Congress that maybe, possibly, it might be prudent to consider the idea of beginning to plan on doing something. But nothing rash, of course.

Peter says he’s surprised by my cautious outlook:

But what really caught my eye was Navellier’s opening: “Make no mistake about it there’s a ton of risk in this market and a lot of investors are about to get burned. Unless you squeeze the risk out of your holdings, you’re going to find 2008 a better year to lose a fortune than to make one. After all, with house prices tumbling, bank losses rising, and oil prices hitting the $100-a-barrel mark, only the strongest stocks will survive the shakeout.”

This is news, because Navellier has been a staunch supporter of this bull market throughout earlier stumbles.

That’s right—a lot of folks are going to get burned this year. Today, Merrill Lynch posted a loss of $12 a share. That’s a loss of $100 million a day for three months! They didn’t get burned, they got fried! But we need to differentiate between my favorite stocks in Blue Chip Growth and the rest of Wall Street. Our stocks are poised to do well. In fact, I think we might even gain as a result of the chaos. In 1998, we made huge gains during the Asian financial crisis.

Investors want quality right now, and they don’t know where to find it. That’s OK, because I do.

Fortunately, we’ve steered clear of these financial stocks that have had huge write-downs. The stock market is going to get very narrow this year. In fact, it’s already happening. That’s why only a few dozen stocks, of the thousands that are publicly traded, ever make it on to my Blue Chip Buy List.

As Peter said, I beat the market by more than fivefold last year (29.88% to 5.62%). I did it because I didn’t make dumb bets or let my emotions take over.

Ruthless? When it comes to beating the market, you better believe it.

I hope you join us today—risk-free. If you’re not happy with the results you see in your first six months with us—or you’re simply unhappy for any reason—you’ll receive 100% of your money back. 

How’s that for eye-catching?

Sincerely,

Louis Navellier

P.S. Don’t let the markets rule you. Take control of your finances and sign up for one year of Blue Chip Growth today for just $149. That’s twelve monthly newsletters. You also get complete access to my Blue Chip Growth website, my legendary Buy List, my stock-rating system, special Flash Alerts and Earnings Reports

There’s also my exclusive guarantee: If you don’t like Blue Chip Growth, you can cancel your subscription at anytime for any reason within the first six months and get a 100% refund. That’s how strongly I stand behind my work.

So if you want to be part of our long-term market-beating club, please sign up today!