For the past 35 years, Louis Navellier has been investing. The majority of his company’s income comes from growth investments. In the last 17 years, his Growth Investor advisory service has outperformed the S&P 500 by a factor of three. From 2012 to 2019, Louis Navellier’s method allowed him to invest in the best stocks. A good example of a growth stock in the portfolio is Apple Inc. As early as 2023, Apple will begin employing in-house-built 5G modems in its iPhone lineup. In Q1 2021, the fund’s portfolio worth climbed to $556.11 million. TSMC will supply Apple with 5nm M2 chipsets. Another high-ranking growth stock in Navellier’s Q1 portfolio is Amazon.com, Inc. The e-commerce behemoth has announced plans to hire approximately 75,000 workers to work in its fulfillment centers. The 2020 Brand Protection Report from Amazon.com, Inc. stated that the business had blocked about 10 billion suspected false item listings. In order to combat counterfeit materials, the corporation hired around 10,000 people in its anti-fraud and abuse department and invested more than $700 million in 2020. NVIDIA Corporation is another important stock in Navellier’s portfolio. The company is worth $16 million to the investor. The stock of NVIDIA Corporation has increased by 66% in the last year.
Insider Monkey gives a list of Louis Navellier’s stock picks in 2021. According to Louis Navellier, the stock is ranked 10th among the best stocks to purchase in 2021. Bio-Techne Corporation and 908 Devices Inc. have cooperated to develop an extended workflow solution for protein characterization. In the third quarter, the company recorded revenue of $243.6 million, up 22%. In April, Conagra Brands, Inc. issued a $0.275 per share dividend. According to Louis Navellier, the stock is ranked 9th among the best stocks to purchase in 2021. Conagra Brands is owned by Jim Simons’ Renaissance Technologies, which owns 272,300 shares. Cloudflare, Inc. announced $138.1 million in sales in the first quarter, up 51.3 percent year over year. According to Louis Navellier, the stock is ranked 8th among the best stocks to purchase in 2021. Revenue is estimated to be $612-$616 million in FY 2021. Cloudflare is owned by ARK Investment Management, which holds 942,466 shares. Tencent Music Entertainment Group is a Chinese company that offers music streaming, online karaoke, and live streaming. Citi gave the shares a “Buy” rating. Tencent has approved a $1 billion share repurchase program. Pinterest, Inc. recently announced that it will experiment with live events on its visual discovery platform. According to Louis Navellier, the stock is ranked 6th among the best stocks to purchase in 2021. The tool will allow top creators on the platform to broadcast live streams as part of a multi-day campaign. For more on these stocks, click 10 Best Stocks to Buy in 2021 According to Louis Navellier.
