Louis Navellier's Blue Chip Growth Letter

It's OK as a lead but you need to do your own filtering

Have subscribed since Oct 2009 at ~$100/yr. Would rate his picks ~60-65% OK but highly recommend you decide on the buy / sell timing yourself rather than take his recommendations at face value. He consistently holds on to losing picks for too long in order to be able to report a "plus" after the stocks have rebounded. Some picks are just no good.

His ratings on individual stocks can change quite rapidly, e.g. from 'A' to 'C', in a matter of 3-6 weeks which make me conclude that a lot of weighting comes from his proprietary 'quantitative rating' (versus his fundamental rating).

Not worth subscribing at a higher fee.

PlainSailing

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Too much false hope within emails, with low performance

Hulbert newsletter confirms what other reviews say - BCG underperforms the market. In the kind of market that we saw since March 2009, his picks are supposed to shine. In 2008, according to Hulbert, BCG lost more than 50%. Despite those losses, he continues with his old mantra how resilient his picks are.

Stay away. There are much better options. Try to find a site that can prove their investments and do not take money for sending alerts.

Unless you would like to lose 50% or more of your money, please do not sign up for this site or listen to anything they "advise".

LisaPotter

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This guy sucks

During a raging bull market, anyone could look like a genius. It is during a bear that the charlatans are exposed. I subscribed to this $300 newsletter for a year back when I was still a noobie invester in 2008.

I was clearing out some clutter today and came across some of his old newsletter gems. My favorite was his February 2009 newsletter, especially the buy list. Let's see, his buy list had 27 entries on it, 21 losers, 3 break even, and 3 winners. Some of his diddies included losses of 50%, 48%, 42%, 50%, 33%, 45%.....

I guess he's never heard of the IBD mantra, never buy during a correction. But hey, I guess if he's not reccomending buys when the market is dropping 300, 400, or 700 points a day, he has no product to sell.

He's also very good at his sell reccomendations. In 2009 he reccommended selling McDonald's when the share price was $55. Since then it rose to $80 with a dividend growth rate of 26%. This guy is pure Genius.

I could have had equal or better performance and saved $300 by having my six year old niece throw darts at a stock heat map and picking her winners.

If you want to grow your portfolio by more than minus 50% a year, throw darts at a heatmap and stay away from Louie, or better yet, short any stock he selects.

Leocat99

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Great in bull market

If you subscribe to this newsletter, you need an ability to see your stock crash 80% and still not lose your confidence in the market.

Dheny

Good Starting Point

I've been a subscriber to Blue Chip Growth for several years now. While Navellier's bluster and constant self-promotion can be difficult to stomach at times, he has provided some excellent recommendations that I would not have found on my own. He perennially seems to be a bull and, as other reviewers have said, does not tell subscribers to build a cash position. I find the newsletter work best for me when I vet each recommendation for myself before deciding whether to add to my portfolio. The portfolio grader is a valuable tool (and is free to non-subscribers).

Bottom Line: Well worth the price of the subscription on balance.

Daahmom

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below average performance, a lot of hype

Hulbert newsletter confirms what other reviews say - BCG underperforms the market. In the kind of market that we saw since March 2009, his picks are supposed to shine. In 2008, according to Hulbert, BCG lost more than 50%. Despite those losses, he continues with his old mantra how resilient his picks are.

Stay away. There are much better options.

Kimk

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No good

I have lots of respect for Navellier but his newsletters are just not very valuable b/c he isn't actively managing it and always has buy recs until its too late. It seems like he's mainly picking his stocks from his Portfolio Grader Plus which is (was) free. There, you can manage things better because you can see the changes in ratings rright away and not have to wait for his monthly newsletter

Luke11

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