Navellier Growth: your source for market-beating growth stocks

Talk about a multi-billion dollar buyout! The state-owned Korea Development Bank is on the prowl for a 25% stake in the beleaguered investment bank Lehman Brothers (LEH). The offer is up to $5.3 billion! This deal bodes extremely well for KDB, as it will launch South Korean financial services to the top of global investment houses, especially since U.S.-based companies have been badly beaten by mortgage write-downs. Buyout or no buyout, the bottom line is that banks—even the big ones—are really hurting right now. It's simple: STAY AWAY FROM BANKS! Read the complete story Archive

09.04.08: Unlike my kids, with the passing of Labor Day I'm ready to cheer from the rooftops: 'Summer is finally over!' It's been quite a ride with the Dow touching below 11,000 and commodity and financial stocks whipsawing wildly. Throw in hurricanes making landfall and political conventions vying for your attention and it's safe to say investors have been unbelievably distracted. No wonder most have spent this summer chasing their tails, looking for the next 'turnaround stock' or one-hit wonder. So what's an investor to do? That's where I come in... Read the complete story Archive