On this week's Stansberry Investor Hour, Dan and Corey are joined by Louis Navellier. Louis is a growth investor with more than 40 years of experience in the markets. His Growth Investor newsletter at our corporate affiliate InvestorPlace is catered toward individual investors. It helps give these folks an easy-to-understand look at current market trends and opportunities.
Louis kicks things off by sharing how he got his start in finance, how he learned about "anomalies and efficiencies" in the market, and why he dislikes banking stocks. He predicts that the implosion of private credit is going to be the next black-swan event to upset the markets. With 11% yields, private credit simply isn't sustainable. Louis also discusses what changes President-elect Donald Trump will have to make for prosperity to rise, as well as what's happening in Ukraine...
[Ukraine's President Volodymyr] Zelenskyy ran on doing a peace deal with Russia... We talked him out of it... The U.S. doesn't like any country to be neutral. And Ukraine wanted to be neutral. The U.S. told them to pick sides, and obviously there was some money going back and forth between the U.S. and Ukraine. But now it's time for that money to go to America and fix our country.
Next, Louis touches on the market narrowing, describes which metrics his stock-grading system factors in, lists off several growth stocks he likes today, and reviews many legal monopolies he has profited from. One such name is chipmaker Nvidia, which Louis says he'll "be holding through the end of the decade." After that, he talks about why he's bullish on natural gas, how he spots legal monopolies in the first place, and the Biden administration's hostility toward tech...
The tech industry was pro-Biden, right? They got him elected. And then he rewarded them by suing them. [Federal Trade Commission ("FTC") Chair] Lina Khan is suing Amazon... [The FTC] literally won the antitrust case against Google... They're starting to heat up litigation again on Microsoft. Apple has been massacred.
Finally, Louis shares how he decides when to cut a stock loose and gives his take on nuclear energy. When it comes to his investing philosophy, he notes, "I only buy things when they earn money." And Louis closes with his reasoning for not buying utility stocks...
Utilities are regulated. The California utilities are the worst because [former] Governor Gray Davis was trying to seize their utility grid decades ago. And to this day, they're still trying to seize utility grids. So if my name is PG&E and they say, "Why don't you maintain your grid?" – the answer is because the state is always trying to seize it.
Louis Navellier
Editor, Growth Investor
Louis Navellier is a growth investor with more than 40 years of experience in the markets. His Growth Investor newsletter at our corporate affiliate InvestorPlace is catered toward individual investors. It helps give folks an easy-to-understand look at current market trends and opportunities.
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