Louis Navellier's Blue Chip Growth Letter

Could not make money

I had this newsletter for several years and while some pics were very good others just went by the wayside so for the most part I could not consistently make money off this newsletter I do not recommend it

Trust Score

1.0

User’s Review Ratings

Overall

Best stock picking service

I read lot of good and bad review about this Navellier Blue Chip... I purchased his service for three years. I see lot of value in that

This is what I HONESTLY experienced with Navellier's blue chip service...



PROS:

1. Navellier is the only true investment advisory service I go to for stocks and his portfolio grade service, because

it keeps me to stay on focus on just 50 stocks instead of 10000 stocks and 20000 mutual funds..he screened the best stocks..

2. Of course no stock picker can be 100% accurate and Navellier is no exception. THIS brings me to your trading skills and proper risk management. I say this again...YOU HAVE TO HAVE GOOD TRADING SKILLS AND DEPLOY APPROPRIATE RISK MANAGEMENT. Which means you must train yourself on how to do risk management.

3. You don't have to invest in 100 stocks to be beneficial. Navellier gives the Top 5 and New buys which accounts for just 10 and you can keep adding.

4. Yes, you need to have money to make money. If you begin low investment, you need to understand the proper risk management to be successful.

5. MORE IMPORTANTLY, when a black swan (stock market collapse) happens, Navellier blue chip is the go-to service about what truely happening in the stock market as Navellier clears the confusion through his pod-cast.

CONS:

1. Navellier provides a BASIC risk management in terms of diversification of putting 60% of your money in conservative, 30% in moderate aggressive and 10% in aggressive stocks..In my opinion, just the DIVERSIFICATION alone itself is not sufficient. You need to deploy more risk management strategies by combining that with OPTIONS.

For ex: One of his stock EW went up through the roof and let's say you were part of that rally. Navellier DID NOT sell the stock by issuing an alert because Blue chip is not trading service, it is a long-term buy and hold. You have to protect your profits by buying OPTIONS PUTS, WHICH GIVES YOU THE RIGHT TO SELL "EW" AT A CERTAIN PRICE.



This means as a investor/trader, you don't follow anyone blindly(I DON'T), you should use any service as a tool to your advantage to be successful.

if Navellier combines HEDGING Strategies to this blue-chip service, I would have rated 5 stars instead of 4 stars.

Trust Score

1.0

User’s Review Ratings

Overall

Too much stocks which are not making profit

I was subscribed for 2 years. This service is good for long term investing but there is too much stocks in portfolio which are long time not making any profits.The portfolio can be managed a lot bettter.

Trust Score

1.0

User’s Review Ratings

Overall

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.

Trust Score

1.0

User’s Review Ratings

Overall

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".

Trust Score

2.9

User’s Review Ratings

Overall

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.

Trust Score

1.0

User’s Review Ratings

Overall

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.

Trust Score

4.2

User’s Review Ratings

Overall

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.

Trust Score

1.0

User’s Review Ratings

Overall

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.

Trust Score

10

User’s Review Ratings

Overall

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

Trust Score

5.0

User’s Review Ratings

Overall