Wall Street’s amazing bull has rejuvenated itself for another romp as stocks are putting on a fresh display of power. This month, I’ll show you how you can keep the profits flowing at a safe, healthy double-digit pace by identifying the rich veins of value still waiting to be mined. Ironically, I’m finding some of the best bargains in an area overcrowded with speculators until just a few months ago—oil and gas, including a pair of names that could leap 50%�80% in the next few years. The oil patch is also home to my favorite type of vehicle income right now—master limited partnerships. I’ll point you to my top buy among the bunch and answer some of your nagging questions about MLPs. Also look for a primer on the most attractive stocks and markets overseas. And don’t miss my Tax Savers’ Workshop in this month’s supplement.

Wall Street’s amazing bull has rejuvenated itself for another romp as stocks are putting on a fresh display of power. This month, I’ll show you how you can keep the profits flowing at a safe, healthy double-digit pace by identifying the rich veins of value still waiting to be mined. Ironically, I’m finding some of the best bargains in an area overcrowded with speculators until just a few months ago—oil and gas, including a pair of names that could leap 50%�80% in the next few years. The oil patch is also home to my favorite type of vehicle income right now—master limited partnerships. I’ll point you to my top buy among the bunch and answer some of your nagging questions about MLPs. Also look for a primer on the most attractive stocks and markets overseas. And don’t miss my Tax Savers’ Workshop in this month’s supplement.

This month, find out why the stock market is primed for a strong, sustainable growth cycle starting sometime in the fourth quarter of this year. I’ll
show you how to make the most of the lucrative—yet in many ways “different”—bull market I see unfolding. To help you get your ducks
in a row, I’ll name my top three industry groups, with my #1 stock pick in each for potential gains of 60%-80% and more by late 2008 or early 2009.
I’ve also included a long list of ill-fated stocks and mutual funds to cut loose as quickly as possible.

Housing is becoming a real drag on the national economy. Yesterday, the National Association of Realtors reported that sales of existing homes fell more than expected in July, down 11.2% from the same period a year ago.

Stomachs are knotting up in the boardrooms of America’s real estate investment trusts (REITs). Last week, REIT prices took a sharp 5% tumble. Another 3% drop followed on Monday when an article appeared in Barron’s, denouncing the overvaluation in the REIT sector and predicting a further 10% washout.

Real estate investment trusts (REITs) have chalked up huge profits for us in recent years. Now, though, the REIT market is becoming severely overheated — and dangerous. It’s time for us to take another small defensive step.

In this month’s visit, we’ll take our strategy a step further. Among our World-Class Franchises, we’re swapping out of a lower-yielding stock into another that will double our dividend income. Plus, I’m looking for our newest selection to deliver growth of up to 60% in its share price over the next three years.

Don’t panic if you missed last week’s signal to lighten up on your real estate investment trusts (REITs). It looks as if we’ll get a rebound back to the area of the highs before any significant further erosion occurs.

We’ve had a spectacular run with our real estate investment trusts. From the bottom in late 1999, the average REIT has racked up a 154% total return (including reinvested dividends). And this happened during the worst bear market for stocks in 60 years!