This post is not an endorsement; it is for informational purposes.

The American Association of Individual Investors (AAII), a site that I’m fond of for their stock screens, among other things, is now offering their “Stock Superstars Report.” I got my solicitation through the U.S. Snail, but you can also check out their online solicitation.

The performance isn’t what I’d call impressive; +9.7% annualized through 12/31/07 and +6.75% annualized through 3/7/08, currently in the middle of a drawdown in the teens. On a relative basis, it’s outperformance to the major domestic U.S. stock indices, but I’m not a fan of relative benchmarks.

From what I’ve seen, they are putting together stock portfolios based on their stock screens, which match individual strategies. They select the strategies that seem to be “working now,” and make a model portfolio that might be part Piotroski one month, part CAN-SLIM another month, and part Neff three months later.

The user of the service can then spend a few minutes every week, following the model portfolios and buying or selling to achieve relative outperformance on a “lazy man’s” basis. Booyah. Realistically, there are lots of folks that want to take possession of their own accounts, using simple approaches from people they feel they can trust, and many of these folks aren’t interested in day-trading, high leverage, or constant watching of the market. This type of thing (again, no endorsement of their particular service) is in demand; probably not as much demand as highly (hyper?) active trading services, but in demand nonetheless.

The “normal” price for this service is $199 annually, or $359 for two years. That’s comparable to what I’ve seen from other newsletters while researching newsletter price points. The special they’re running now, which they mailed to me as a promotion, is $149 annually or $259 for two years. Again, most of the newsletters I’ve researched will do deals like this on occasion.

Even $199 a month is only 0.2% annually off of a $100,000 account – which is a decent account size minimum (in my decidedly UN-professional opinion) for a stock allocation by an informed do-it-yourselfer.

Here are some other shots from the direct-mail marketing material they sent me. These are click-able for better viewing. Yes, I realize that putting them in that way slows down the load time, but I figured that more than a few readers (the Chairman, perhaps?) might be interested in the printed content …