Waiting on a Breaker

If you're not a subscriber to our Motley Fool Rule Breakers newsletter service, you may not even realize that today is the third Wednesday of the month. What's so special about that? It's a day of enlightenment for growth-stock enthusiasts. It's the day when the latest issue of the monthly newsletter becomes available and two brand new stock picks are revealed.

Easy, now. You've got plenty of time. The new issue won't be released until the market closes today. However, even if you find yourself checking out the issue fashionably late, there are still some pretty good reasons to pay attention.

Yes, these are volatile growth stocks. Implosions will happen when you are fishing in the mercurial growth-stock waters. The newsletter already has a couple of troublesome picks. On the other hand, half of the newsletter's past recommendations are showing double-digit percentage gains since they were first singled out.

So are you getting excited about today? Is this the day next-generation lighting systems specialist Color Kinetics (Nasdaq: CLRK) or realtor enabler Homestore (Nasdaq: HOMS) finally makes the cut? They are just two of the 225 stocks in our active Rule Breakers Universe. Maybe it will be Red Hat's (Nasdaq: RHAT) day. The company has carved out a profitable life by making the most of Linux and the open-source movement.

Finding great growth stocks early in their defiance cycle has been lucrative in the past. Three of the recommendations over the past year have gone on to more than double and the big winners don't end there. Akamai (Nasdaq: AKAM) has soared by 58% since the provider of faster -- and more dependable -- online content delivery was singled out eight months ago. Biotech upstart Protein Design Labs (Nasdaq: PDLI) was recommended two months earlier, and its shares are trading 68% higher today.

Do you know about these companies? If so, how early are you getting into these dynamic growth opportunities? Early enough that you don't need to lean on a Rule Breakers community that is perpetually kicking around new stock ideas?

While we will be adding two more selections to our list of active picks today, that's not all you will find in the newsletter. My column in this issue is dedicated to the early-adopter breakthroughs that have taken place over the past year -- and the innovations that will rock 2006. Other articles are dedicated to the latest trends in biotechnology and nanotechnology. There is also a lively community to keep the exchanges going above and beyond the regular distribution of new issues and mid-issue updates.

So the next time you find yourself wondering how companies like renegade thirst-quencher Hansen Natural (Nasdaq: HANS) and Indian media company Rediff.com (Nasdaq: REDF) found the gumption to more than double in recent months, odds are that the trail to higher share prices started with a bunch of savvy investors who spotted the possibilities before anyone else did.

Want to see if superior growth investing is a worthwhile investing strategy for you and your money? Learn more about the Rule Breakers service by kicking the tires with a free 30-day trial. Act quickly, though. The next issue is just hours away.

This article was originally published on July 20, 2005. It has been updated.

Longtime Fool contributor Rick Munarriz finds that eating, sleeping, and breathing growth stocks will work wonders for your financial health. The Fool has a disclosure policy.