In this article, we will discuss 5 best Louis Navellier stocks billionaires are also piling into. If you want to read our detailed analysis of Navellier’s history, and investment philosophy performance, you can go directly to 10 Best Louis Navellier Stocks Billionaires Are Also Piling Into.
5. Exxon Mobil Corporation (NYSE:XOM)
Number of Billionaires Holding Stakes: 17
Navellier & Associates Equity Stakes: $19.49 Million
Number of Hedge Fund Holders: 79
Exxon Mobil Corporation (NYSE:XOM) is a major oil and gas company that does everything from finding and extracting fossil fuels to making and selling petroleum products. About 17 billionaires hold stakes in the energy company, with Navellier & Associates increasing stakes in the company by 121% in Q3 2023 to $19.49 million, accounting for 3.33% of the portfolio.
Follow Exxon Mobil Corp (NYSE:XOM)
Follow Exxon Mobil Corp (NYSE:XOM)
[/company-follow-
4. Apple Inc. (NASDAQ:AAPL)
Number of Billionaires Holding Stakes: 19
Navellier & Associates Equity Stakes: $9.75 Million
Number of Hedge Fund Holders: 134
Apple Inc. (NASDAQ:AAPL) is a tech company that makes and sells phones, computers, tablets, and wearables.
While Apple Inc. (NASDAQ:AAPL) is up by about 51% for the year, it remains one of the best Louis Navellier stocks that billionaires are also piling into.
Follow Apple Inc. (NASDAQ:AAPL)
Follow Apple Inc. (NASDAQ:AAPL)
[/company-follow-
3. Eli Lilly and Company (NYSE:LLY)
Number of Billionaires Holding Stakes: 20
Navellier & Associates Equity Stakes: $11.74 Million
Number of Hedge Fund Holders: 102
Eli Lilly and Company (NYSE:LLY) is one of the top healthcare investment play that billionaires are increasingly pilling into.
Eli Lilly and Company (NYSE:LLY) is already up by about 63% for the year, affirming why about 20 billionaires have exposure to the stock.
Follow Eli Lilly & Co (NYSE:LLY)
Follow Eli Lilly & Co (NYSE:LLY)
[/company-follow-
2. NVIDIA Corporation (NASDAQ:NVDA)
Number of Billionaires Holding Stakes: 29
Navellier & Associates Equity Stakes: $23.90 Million
Number of Hedge Fund Holders: 180
NVIDIA Corporation (NASDAQ:NVDA) is another technology giant that billionaires are increasingly buying into to gain exposure to the artificial intelligence boom.
Navellier trimmed his exposure in NVIDIA Corporation (NASDAQ:NVDA) in Q3 2023 by 11% to $23.9 million but the stock still accounted for the most significant share of the portfolio at 4.09%.
Follow Nvidia Corp (NASDAQ:NVDA)
Follow Nvidia Corp (NASDAQ:NVDA)
[/company-follow-
1. Microsoft Corporation (NASDAQ:MSFT)
Number of Billionaires Holding Stakes: 34
Navellier & Associates Equity Stakes: $6.43 Million
Number of Hedge Fund Holders: 306
Microsoft Corporation (NASDAQ:MSFT) is a technology juggernaut and one of the best Louis Navellier stocks billionaires are entering.
Microsoft Corporation (NASDAQ:MSFT) has gained 56% year to date, outperforming the S&P 500, which is up by about 21%. The impressive run affirms why nearly 34 billionaires have holdings in Microsoft Corporation (NASDAQ:MSFT). Navellier & Associates increased stakes in the company in Q3 2023 by 228% to $6.43 million.
Follow Microsoft Corp (NASDAQ:MSFT)
Follow Microsoft Corp (NASDAQ:MSFT)
[/company-follow-
Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also check out our articles on Billionaire Dan Loeb’s Portfolio: Top 12 Stock Picks and Is Jim Chanos Shorting These Stocks?.