"Unless picking stocks is your full-time job, you can probably use some help finding attractive opportunities or getting a feel for what makes a company tick. But with everyone from Jim Cramer to your broker vying for your attention, you face a surfeit of options," the article begins. "Here are our reviews of a few sources you may be considering."
In the "Newsletters" category, the writers of the article list three subscription services they think are worthy of consideration by individual investors, including IAS:
"[Mark] Hulbert also maintains an honor roll of newsletters that have produced above-average returns in both bull and bear markets for more than ten years. Investor Advisory Service is the top performer since Hulbert created the list in 1998; it has returned 10.2% annualized over the past ten years, compared with 6.3% annualized for the S&P 500.
"The newsletter is published by ICLUBcentral, which also sells stock analysis software to investment clubs, but its analysis comes from Seger-Elvekrog, a money manager based in Novi, Mich., that oversees about $300 million. Scott Horsburgh, president of Seger-Elvekrog, says his team looks for firms with sustainable, double-digit earnings growth and stocks whose P/Es are below their long-term average P/Es. The aim is to pick stocks that can double in five years. 'We look often and buy seldom,' he says."