WASHINGTON, June 27, 2003 (PRIMEZONE) -- Growth Report, an independent investment newsletter service that is up 38% in the first half of 2003, today announced that its top-performing stock pick in history has delivered a return of 1,000%.
Shares of BankRate (Nasdaq:RATE), a leading on-line provider of financial information for consumers, was added to the Growth Report Portfolio in mid-2002 during a period when Internet stocks as a whole were out of favor with investors, despite signs of strength.
Editor Ian Wyatt's insight into the Internet sector and willingness to go against the trend delivered his Growth Report subscribers with amazing returns on BankRate and several other Internet stocks including j2 Global Communications (Nasdaq:JCOM) -- up 330%, FindWhat (Nasdaq:FWHT) -- up 180%, and NetFlix (Nasdaq:NFLX) -- up 36%.
Growth Report holds shares of BankRate in its model portfolio, and continues to see upside potential in shares of the company's stock.
Free trial and paid subscribers can view Growth Report's current comments on BankRate and other high growth stocks on the Internet at www.growthreport.com
Growth Report's stock portfolio returned 40% in 2002, and is up another 38% in the first half of 2003 by taking long-term positions in fundamentally strong growth stocks. This investment approach had yielded consistently strong returns for subscribers to the newsletter service.
Individual investors who are interested in signing up for a 30-day free trial to Growth Report will receive a free Special Report titled "Not So Generic Returns - Investing in Generic and Pharmaceuticals" that details three stocks in this sector. Free trial subscribers also receive two issues per week by e-mail, one issue per month in print, access to over one year of archived articles, and past and future Special Reports. To start a free 30-day trial subscription and learn about the next BankRate, use the following link:
https://www.bizfn.com/index.cfm?Page=pubs&pubs=2&r=pr1
About Growth Report
Growth Report is a leading investment newsletter service published by Business Financial Publishing, LLC. Growth Report is entirely independent, and dedicated to uncovering stocks that will deliver the greatest return to subscribers. Two weekly issues delivered by e-mail and on the web provide subscribers with regular updates on the latest news and changes to the portfolio, while a monthly print edition provides in depth articles in an easy to read format.
Disclaimer
Growth Report, LLC, is neither a registered investment advisor nor a broker/dealer. Readers are advised that the publication is issued solely for information purposes and should not to be construed as an offer to sell or the solicitation of an offer to buy any security. No information provided herein or elsewhere from Growth Report constitutes a recommendation by Growth Report to buy, sell or hold any security. We encourage you to consult with independent financial advisors with respect to any investment in the securities mentioned herein.