Washington, D.C., July 15, 2003 (PRIMEZONE) -- Growth Report, an independent investment newsletter service for individual investors that has delivered returns of 48.6% in the first half of 2003, today announced the addition of Mobility Electronics (Nasdaq:MOBE) to its stock portfolio.
Mobility Electronics Inc. provides mobile computing products for the notebook computer, PDA, tablet PC, smart phone, and cell phone.
Growth Report added Mobility Electronics to the model portfolio on July 14 at $5.35. This initial research report is available on the Growth Report web site free of charge to trial subscribers at http://www.growthreport.com/
The report discusses:
* The company's core iGo Juice product * Reseller distribution and Original Equipment Manufacturer relationships * Historical growth and the turn to profitability * Stock valuation and lack of institutional ownership * Growth Report's outlook for the company in the coming quarters
In the July 14th issue of Growth Report, Editor Ian Wyatt wrote, "As a frequent traveler who loves to have all of the latest high tech gadgets, I am familiar with the hassle of packing numerous charging devices for my cell phone, PDA, and laptop. I believe Mobility Electronics is in an outstanding position to continue to deliver stellar revenue growth in the coming quarters with the iGo Juice product. Product revenues are strong, and major distribution channels with nearly 5,000 reseller locations should be intact by the end of the second quarter."
The company's core iGo Juice product appears to be filling a niche in the mobile computing market. The product provides travelers with a single power adapter that can be used to recharge a laptop, PDA, or cell phone, and works either from a regular outlet or through an automobile, boat, or airplane power source, and is capable of recharging devices simultaneously. Growth Report's stock portfolio returned 40% in 2002, and is up another 48.6% in the first half of 2003 by taking long-term positions in fundamentally strong growth stocks. This investment approach has yielded consistently strong returns for subscribers of the newsletter service.
Individual investors who are interested in signing up for a 30-day free trial to Growth Report will receive this report on Mobility Electronics, plus a free Special Report titled "Not So Generic Returns - Investing in Generic and Specialty Pharmaceuticals." 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, click here: https://www.bizfn.com/index.cfm?Page=pubs&pubs=2&r=pr5
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 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.