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Louis Navellier founded Navellier & Associates in 1980. Navellier is the editor of four investment newsletters and the author of a Business Week best seller. The firm, Navellier & Associates, focuses on growth investments and devotes significant resources to researching stocks. Portfolio managers sometimes cross the line to try to obtain material non-public information before investing. Additionally, corporate insiders have material non-public information and they sometimes trade based on such information. Other times they have an edge because they know their companies and industries better than almost all other investors. We believe that by imitating the stock picks of these smartest investors in the world, investors are more likely to beat the market in the long term.

Below we compiled a list of stocks both Navellier and insiders are bullish about. All stocks are in Navellier’s portfolio at the end of June and were purchased by at least one insider during the past three months.

Caterpillar Inc (CAT): Caterpillar is a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. Navellier slightly decreased his position in CAT by 1% to $43.7 million during the second quarter and the stock was also purchased by one insider over the past three months. It has a market cap of $44.71B, a P/E ratio of 11.44, and returned -33.45% since the end of June. Ken Fisher had $480 million of CAT stocks. Ken Griffin also invested over $100 million in CAT (see Ken Griffin’s top stock picks).

Marathon Oil Corp (MRO): Marathon is an integrated international energy company. Navellier slightly decreased his position in MRO by 4% to $41.8 million during the second quarter and the stock was also purchased by one insider over the past three months. It has a market cap of $13.82B, a P/E ratio of 5.54, and returned -36.26% since the end of June. Eric Mindich had $287 million of MRO shares.

Unitedhealth Group Inc (UNH): UnitedHealth Group Incorporated is a diversified health and well-being company. Navellier initiated a brand new $37.6 million of UNH stocks during the second quarter and the stock was also purchased by one insider over the past three months. It has a market cap of $44.78B, a P/E ratio of 9.33, and lost 16.50% since the end of June. Boykin Curry had $382 million of UNH stocks. Bill Miller, Ric Dillon, and D. E. Shaw also had over $100 million of UNH shares (check out Bill Miller’s top stock picks).

Concho Resources Inc (CXO): Concho is an independent oil and natural gas company. Navellier slightly decreased his position in CXO by 4% to $37.1 million during the second quarter and the stock was also purchased by one insider over the past three months. It has a market cap of $6.70B, a P/E ratio of 37.05, and lost 26.78% since the end of June. Jeffrey Vinik had $120 million of CXO stocks.

Pioneer Natural Resources Co (PXD): Pioneer Natural Resources Company is an independent oil and gas exploration and production company. Navellier slightly decreased his position in PXD by 3% to $35.4 million during the second quarter and the stock was also purchased by one insider over the past three months. It has a market cap of $7.03B, a P/E ratio of 26.03, and lost 30.94% since the end of June. John H. Scully had $941 million of PXD. Jean-Marie Eveillard also invested over $100 million in PXD.

Reynolds American Inc (RAI): Reynolds American produces cigarettes and smokeless tobacco products. Navellier initiated a brand new $31.3 million of RAI stocks during the second quarter and the stock was also purchased by one insider over the past three months. It has a market cap of $21.46B, a P/E ratio of 16.00, and returned 2.38% since the end of June. David Winters and Jim Simons both had over $40 million invested in RAI (check out Jim Simons’ top stock picks).

Mead Johnson Nutrition Co (MJN): Mead Johnson is a pediatric nutrition company. Navellier slightly decreased his position in MJN by 2% to $55.3 million during the second quarter and the stock was also purchased by two insiders over the past three months. It has a market cap of $13.70B, a P/E ratio of 28.59, and returned 1.17% since the end of June. Bain Capital, Jim Simons and Dan Loeb all had over $100 million invested in MJN.

Source: Louis Navellier And Insiders Are Bullish About These Stocks