We recently compiled a list of the Louis Navellier’s Top 15 Long-Term Stock Picks. In this article, we are going to take a look at where Apple Inc. (NASDAQ:AAPL) stands against the other Louis Navellier’s top long-term stock picks.
Louis Navellier is a prominent American investor, author, and financial analyst, best known for his quantitative approach to stock selection and his long-standing track record in the investment industry. As the founder and chairman of Navellier & Associates, a private investment management firm, he has built a reputation for identifying high-growth stocks with significant upside potential. Navellier’s approach blends rigorous quantitative analysis with a focus on fundamental factors, positioning him as a leading voice in growth investing.
Born in 1957, Navellier developed an early interest in the stock market. He honed his analytical skills while studying at California State University, where he earned a Bachelor’s degree in Finance. It was during his college years that Navellier discovered his passion for quantitative analysis, developing a stock-picking system as part of a class project. This project laid the foundation for his career, as he created a system to identify market-beating stocks using specific growth and valuation criteria.
Read more about these developments by accessing 10 Best AI Data Center Stocks and 10 Buzzing AI Stocks According to Goldman Sachs.
In 1980, Navellier founded Navellier & Associates, which has grown into a respected investment management firm catering to high-net-worth individuals and institutional clients. Over the years, the firm has managed billions of dollars in assets, applying Navellier’s quantitative methodology to identify outperforming stocks. Navellier is also widely known for publishing the Navellier Growth newsletter, where he shares stock recommendations and insights into market trends. In his newsletter-based recommendations, many stocks have achieved annualized returns exceeding 20% during high-growth market periods.
Navellier’s approach focuses on finding stocks that exhibit strong growth characteristics while maintaining sound fundamentals. He relies heavily on quantitative analysis, utilizing algorithms and statistical models to screen for stocks with high revenue and earnings growth, solid profit margins, and favorable valuation metrics. Unlike many value investors who prioritize underpriced securities, Navellier embraces growth investing, emphasizing companies with strong momentum and the potential for rapid expansion. This strategy often leads him to sectors like technology, healthcare, and consumer goods.
Read more about these developments by accessing 30 Most Important AI Stocks According to BlackRock and Beyond the Tech Giants: 35 Non-Tech AI Opportunities.
For this article, we selected stocks by combing through the 13F portfolio of Navellier & Associates at the end of the third quarter of 2024. Only the companies that have been in the 13F portfolio of the fund consistently for the past three years were selected. These stocks are also popular among other hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).
A wide view of an Apple store, showing the range of products the company offers.
Apple Inc. (NASDAQ:AAPL)
Number of Hedge Fund Holders: 158
Navellier & Associates’ Stake: $13.4 million
Apple Inc. (NASDAQ:AAPL) is a consumer electronics firm. The first factor that makes this company an appealing investment opportunity is its robust financial performance. In the fourth quarter of the fiscal year of 2024, the company reported revenue of $94.9 billion, a 6% increase year-over-year. The operating income for the quarter was $27.9 billion, reflecting a 15% increase compared to the same period in the prior year. The second most pertinent factor that makes Apple a great investment opportunity is its integration of Apple Intelligence in all its products to enhance productivity and meet the evolving needs of the world. Siri’s improved neutral language processing, the Apple Neural Engine (ANE) for machine learning tasks, and AI-driven tools within iOS are some of the AI advancements that investors should take note of. Moreover, Apple has recently announced plans to expand recycled material across its products, including a new 2025 target to use 100% recycled cobalt in all batteries designed by Apple. This strategy positions the company as a leader in environmentally conscious manufacturing.
Overall AAPL ranks 5th on our list of Louis Navellier’s top long-term stock picks. While we acknowledge the potential of AAPL as an investment, our conviction lies in the belief that some stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for a stock that is more promising than AAPL but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
