‘Iron Man’ has Blockbuster Weekend

Posted by Louis Navellier on 5/5/08 11:57 am

Marvel Enterprises’ “Iron Man” (Watch Trailer; More) dominated movie theatres over the weekend with a whopping $201 million in worldwide box office sales.  As a result, the Movie Production, Theatres sector on Wall Street surged significantly higher today, even when the overall market was down.  Marvel Enterprises (MVL) led the sector with a better than 9% gain.

MVL’s big move pushed it into Navellier’s Fundamental ‘A’ top-ten holding list.  The Fundamental ‘A’ portfolio is an unconstrained strategy that can buy small, medium, and large cap companies that are growth, value, international, or domestic.  The portfolio only buys stocks that have an Overall Fundamental ‘A’-grade in our free online Stock Grader database.  Learn more about Fundamental ‘A’.

Disclosure: Investment in equity strategies involves substantial risk and has the potential for partial or complete loss of funds invested.

It should not be assumed that any securities recommendations made by Navellier & Associates, Inc., in the future will be profitable or equal the performance of securities made in this report. For a list of recommendations made by Navellier & Associates, Inc., for the preceding twelve months, please contact Tim Hope at (775) 785-9416.

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