Louis Navellier’s Top 10 Stock Picks Heading into 2025

2. Emcor Group Inc. (NYSE:EME)

Navellier & Associates’ Stake Value: $26.18 million

Number of Hedge Funds Holders: 40

Emcor Group Inc. (NYSE:EME) specializes in mechanical and electrical construction, industrial and energy infrastructure, and building services. Its offerings include electrical and mechanical construction, energy solutions, and facility maintenance.

In Q3 2024, Emcor Group Inc. (NYSE:EME) reported record-breaking revenues of $3.7 billion, a 15.3% increase compared to the same period in 2023. Operating income soared 54.7% to $363.5 million, while diluted earnings per share rose significantly to $5.80. The company also achieved a milestone with Remaining Performance Obligations (RPOs) reaching $9.8 billion, reflecting 13.4% year-over-year growth.

On November 15, Stifel initiated coverage of Emcor Group Inc. (NYSE:EME) with a Buy rating and a $600 price target. The firm emphasized Emcor’s strong market position in large-scale data center and manufacturing projects. The analysis also cited the company’s extensive scale, advanced virtual design and construction (VDC) capabilities, and robust pre-fabrication assets as key factors driving its competitive advantage.