With Supernova opening its membership again recently, the Motley Fool marketing machine is at full blast. One of the charts they’ve included in their marketing materials for Supernova is the following chart, touting their very successful recommendation of Apple.
Impressive indeed. A great recommendation.
However they did not mention one of their worst performing picks: Westport Innovations, one of the first picks of the Odyssey portfolio. Westport was heavily touted back in early 2012 as one of their top stock recommendations. But it hasn’t faired nearly as well as Apple. So I’ve included my own view of that recommendation history.
Motley Fool Marketing must be stopped!
I’m a fan of Motley Fool, and recommend their services in general, but I’ve talked a lot about how spamerrific their marketing is. In fairness to the advisors over at Supernova, they’ve owned up to what a mistake the Westport recommendation turned out to be. And as a whole, the Supernova performance has been pretty strong. But before you sign up for any of their services, including Supernova, make sure you understand the whole story. No investing service is perfect, and every investor will have their share of losses, including some that tank like Westport has.