Markets

Insider Trading

Hedge Funds

Retirement

Opinion

10 Best Louis Navellier Stocks Billionaires Are Also Piling Into

In this article, we will discuss 10 best Louis Navellier stocks billionaires are also piling into. If you want to skip our detailed analysis of Navellier’s history, and investment philosophy performance, you can go directly to 5 Best Louis Navellier Stocks Billionaires Are Also Piling Into.

Suggestions of a bumpy start in the equity market in 2024 are becoming way too common amid deteriorating macroeconomics, monetary policy uncertainty, and soaring geopolitical tensions. The concerns also come on the US equity market appearing overstretched, with the S&P 500 having rallied by about 21% and the Nasdaq 100 up by about 38% for the year. The rally has come amid aggressive monetary policy tightening by the US Federal Reserve in the race to tame runaway inflation.

A spike in interest rates to near-record highs has been a concern for most analysts and economists. For starters, there are growing fears that the high interest rates could plunge the US economy into the long recession and drag the global economy into it.

Nevertheless, some analysts feel the US economy will avoid a recession and US equities will rally, as has been the case for the better part of 2023. Louis Navellier, the founder of the Navellier & Associates, is a hedge fund manager bullish about equities heading into 2024.

Following the explosive rally in November, Navellier, who founded Navellier & Associates in 1980believes the rally will likely continue into 2024 after a pause for a couple of weeks.

“It does [continue], but we probably have to pause for a couple of weeks, you know, we get tax selling, we have to digest the incredible gains that small caps had in November. Yesterday, you saw that the small caps were doing very well relative to the large caps, but they should give way a bit. I really think the best time to buy would be right between Christmas and New Years – that would be the best week to buy, and we’ll get another surge in January,” Navellier said

The rally heading into year-end comes amid growing expectations that the Fed will start cutting interest rates as early as the first half of next year. The prospects of the Fed cutting rates supported by easing inflation and companies recording growth in earnings are some of the factors that support the bullish thesis in the market.

Louis Navellier of Navellier & Associates

Navellier is another high-profile investor worth paying attention to for anyone looking for high-risk reward opportunities in the market. Like most billionaires, Navellier has inspired many investors with hush adeptness in navigating the stock market and turning a profit.

While Navellier & Associates‘ hedge fund boasts of a diversified portfolio spanning the services, basic materials, industrial goods, and financial sector, the hedge fund has been scanning for opportunities in the energy sector.

“Probably, the most controversial thing that we’re doing is when we run our weekly stock selection screens, we’ve just been adding more and more energy stocks, and so, they’re 60% of our portfolios right now, and they are going to have the best earnings for the next two quarters. Even though earnings have decelerated for the rest of the market, they’ve accelerated for us, so we’re feeling pretty good,” Navellier said.

Navellier has sought to strengthen the hedge fund portfolio in energy stocks with tremendous upside potential. The hedge fund already boasts holdings in Exxon Mobil Corporation (NYSE:XOM), ConocoPhillips (NYSE:COP), and Valero Energy Corporation (NYSE:VLO), among other energy plays.

Our Methodology

We checked the top fifteen stocks in Navellier & Associates’ Q3 2023 portfolio and compared them with the stocks owned by billionaire hedge fund managers in Insider Monkey’s database. We’ve ranked the stocks based on the number of billionaires holding shares in the company.

Best Louis Navellier Stocks Billionaires Are Also Piling Into

10. Valero Energy Corporation (NYSE:VLO)

Number of Billionaires Holding Stakes: 13

Navellier & Associates Equity Stakes: $9.46 Million

Number of Hedge Fund Holders: 44

Valero Energy Corporation (NYSE:VLO) manufactures, markets, and sells fuels and petrochemical products while operating under three segments: Refining, Renewable Diesel, and Ethanol. Valero Energy Corporation (NYSE:VLO) also makes and sells ethanol, dry distiller grains, syrup, and inedible corn oil primarily to animal feed customers.

Despite going down by about 4% for the year, Valero Energy Corporation (NYSE:VLO) remains one of the best Louis Navellier stocks that billionaires are also piling into. About 13 billionaires on Wall Street hold stakes in the company.

9. EOG Resources, Inc. (NYSE:EOG)

Number of Billionaires Holding Stakes: 13

Navellier & Associates Equity Stakes: $11.87 Million

Number of Hedge Fund Holders: 45

EOG Resources, Inc. (NYSE:EOG) is one of the best Louis Navellier stocks that billionaires are also piling into for exposure in the energy sector. EOG Resources, Inc. (NYSE:EOG) explores, develops, produces, and markets crude and natural gas. 

 Navellier & Associates reduced its stakes in EOG Resources, Inc. (NYSE:EOG) by 1% in Q3 2023 to $11.87 million.

8. Novo Nordisk A/S (NYSE:NVO)

Number of Billionaires Holding Stakes: 14

Navellier & Associates Equity Stakes: $9.56 Million

Number of Hedge Fund Holders: 51

Novo Nordisk A/S (NYSE:NVO) is another healthcare investment play attracting interest from billionaires on Wall Street. Novo Nordisk A/S (NYSE:NVO) engages in the research, manufacturing, development, and marketing of pharmaceutical products. 

Novo Nordisk A/S (NYSE:NVO) has been on an impressive run in 2023, gaining 43% and outperforming the S&P 500, which is up by about 21%. The gain affirms why Novo Nordisk A/S (NYSE:NVO) boasts a following of 16 billionaires even though Navellier & Associates trimmed its stakes by 1% in Q3 2023 to $9.56 million.

7. Costco Wholesale Corporation (NASDAQ:COST)

Number of Billionaires Holding Stakes: 16

Navellier & Associates Equity Stakes: $6.68 Million

Number of Hedge Fund Holders: 65

Costco Wholesale Corporation (NASDAQ:COST) is one of the best Louis Navellier stocks that billionaires are also piling into as a consumer defensive investment play. Costco Wholesale Corporation (NASDAQ:COST) operates membership warehouses in the US, offering private label products and a range of merchandise products like candies, coolers, freezers, deli, liquor, and tobacco; appliances, electronics, health and beauty aids; hardware, garden, and patio products.

Costco Wholesale Corporation (NASDAQ:COST)’s been one of the best-performing stocks in Navellier’s portfolio, going by a 33% year-to-date gain.

6. ConocoPhillips (NYSE:COP)

Number of Billionaires Holding Stakes: 16

Navellier & Associates Equity Stakes: $15.14 Million

Number of Hedge Fund Holders: 62

Houston, Texas-based ConocoPhillips (NYSE:COP) is an energy company that explores, produces, transports, and markets crude oil, natural gas, and natural gas liquids. ConocoPhillips (NYSE:COP) is one of the best Louis Navellier stocks that billionaires are also piling into to gain energy exposure.

While ConocoPhillips (NYSE:COP) is down by about 5% for the year, it comes with a 2.04% yield for generating passive income. In addition, about 16 billionaires have stakes in ConocoPhillips (NYSE:COP). Navellier & Associates trimmed its stakes in the company in Q3 2023 by 1% to $15.14 million.

Click to continue reading and see 5 Best Louis Navellier Stocks Billionaires Are Also Piling Into.

Suggested articles:

Disclosure: None. 10 Best Louis Navellier Stocks Billionaires Are Also Piling Into is originally published on Insider Monkey.

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 100+% Return within 12 to 24 months.

We’re now offering month-to-month subscriptions with no commitments.

For a ridiculously low price of just $9.99 per month, you can unlock our in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!


No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!

A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…