Louis Navellier’s Top 15 Long-Term Stock Picks

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12. Huntington Ingalls Industries, Inc. (NYSE:HII)

Number of Hedge Fund Holders: 20

Navellier & Associates’ Stake: $4.5 million

Huntington Ingalls Industries, Inc. (NYSE:HII) is one of the renowned military shipbuilding companies providing professional services to partners in government and industry. There are multiple factors, such as financial performance, new initiatives like Vision Centers, and strategic contracts, that prime the stock for investment. As per the reports of the third quarter of 2024, the net revenue was $2.7 billion, total earnings were $101 million or $2.56 diluted earnings per share, and free cash flow was $136 million. HII was recently also awarded a $65 million contract to support warfighting development.

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