WASHINGTON, Jan. 8 /PRNewswire/ -- Louis Navellier and InvestorPlace Media, LLC are proud to announce that "The Little Book That Makes You Rich: A Proven Market-Beating Formula for Growth Investing" has achieved BusinessWeek's best-seller status.
The book, which provides individual investors with a "how-to" guide to profitable stock investing as well as access to Navellier's free stock picking tool, PortfolioGrader Pro, hit #11 on BusinessWeek's bestseller list in the January 14, 2008 issue (on newsstands January 7).
More praise has followed. SFO Magazine has named "The Little Book That Makes You Rich" one of the Top 10 Investing and Trading Books of 2007. This book is the latest in the "Little Book/Big Profits" series, and is published by John Wiley & Sons. For more information, visit http://www.wiley.com.
While renowned growth investor Louis Navellier expects the stock market to narrow in 2008, he has advised his investors not to exit the market, but instead to stay fully invested in his select growth stocks. For weeks, Navellier has been touting the "seismic shift" away from value-based investing and into growth investing, igniting the great "Value vs. Growth" stock debate. The Russell small-, mid- and large-value indices were all down in 2007, while growth managers like Navellier were up. In fact, Louis Navellier's large-cap investment portfolio returned 29.8% in 2007 as confirmed by The Hulbert Financial Digest. The S&P 500 was up just 5.3%.
"Growth and value tend to move in cycles," says John Authers, investment editor of The Financial Times. "With growth due for a period of outperformance, it is time to revisit the case for growth investing ... Nobody is better for this task than Louis Navellier."
After 2007's subprime-mortgage-fueled market sell-off, pension consultants, financial advisors, investors and stockbrokers are dumping their value-based managed accounts, mutual funds and stocks in droves, and are embracing fundamental investing -- and growth stocks in particular.
Navellier, who considers himself a "numbers guy," developed a proprietary stock picking system that uses quantitative and fundamental criteria to select the market's best growth stocks. This system has enjoyed tremendous 5,163% gains over the last 23 years, as verified by The Hulbert Financial Digest.
In his "The Little Book That Makes You Rich," Navellier explains for the first time his highly effective market-beating approach. He uses eight key fundamental measures: sales growth, operating margin expansion, earnings growth, earnings momentum, return on equity, cash flow, analyst earnings revisions and earnings surprises in order to uncover the best companies trading on Wall Street. A companion website, http://www.getrichwithgrowth.com, allows readers FREE access to Navellier's stock-screening tool, PortfolioGrader Pro, which applies Navellier's detailed formula to nearly 5,000 stocks on Wall Street. Entering a stock symbol in PortfolioGrader Pro will instantly reveal Navellier's buy/sell/hold stock investing advice.
The book and companion website offer a rare opportunity for individual investors to gain access to tools and data that hold the key to building a winning growth portfolio.
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Louis Navellier
https://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=68920
Website: http://www.getrichwithgrowth.com/
Website: http://www.wiley.com/