Navellier Bullish on Defense, Healthcare, Natural Resources

Louis Navellier, president of Navellier & Associates, recently told MarketWatch that while he believes the market will continue to be rocky in 2008, there will be some “narrow” segments that could deliver strong growth, namely defense, healthcare, natural resources and growth stocks.

And while some investors are beginning to return to certain financial services and real estate companies, he believes it is too early to invest in these downtrodden stocks, as the recent sell off will continue to put downward pressure on them. “Even when you find a good one, there’s no buying pressure,” he said.