Louis Navellier And Ken Fisher Are Bullish On These Stocks

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 |  Includes: AAPL, ABEV, AMZN, BIDU, CAT, DE, IBM, LQD, PRGO, ROK, SBUX, TIF
by: Insider Monkey

We like money managers who are willing to share their investment ideas with the public. Louis Navellier, the founder of Navellier & Associates, and Ken Fisher, founder of Fisher Asset Management, are our kind of managers. Navellier is the author of “The Little Book That Makes You Rich,” a Business Week best seller. He is also the editor of four investment newsletters. Fisher published seven money management books, three of which are New York Times best sellers. He has also been writing the Forbes Portfolio Strategy column for over 26 years.

Navellier mainly focuses on growth companies and has a stock-grading system. By using that system, the A-graded stocks generated 1267.0% return versus 61% for SPY in the past 13 years, according to the calculation of Navellier. Fisher, on the other hand, beat the market in most years. During the past 14 years, his stock picks only underperformed the S&P 500 index in three years. In 2009, Fisher outperformed the market by 24 percentage points. He also beat the market by 5% in 2010.

Below we compiled a list of stocks both Fisher and Navellier are bullish about. All companies are in the 13F portfolios of Fisher Asset Management as well as Navellier & Associates. Both funds invested at least $10 million in these stocks.

Company Name

Ticker

Fisher

Navellier

ISHARES INV GRADE CORP BONDS

LQD

694933

31785

AMAZON COM INC

AMZN

547325

45017

BAIDU INC

BIDU

454352

50382

INTL BUSINESS MACHS

IBM

383292

62132

DEERE & CO

DE

340140

37133

CATERPILLAR INC

CAT

319976

29111

TIFFANY & CO NEW

TIF

172254

37999

COMPANHIA DE BEBIDAS DAS AMERS

ABV

68631

28990

PERRIGO COMPANY

PRGO

60788

38944

STARBUCKS CORP

SBUX

16709

37022

APPLE INC

AAPL

15038

51182

ROCKWELL AUTOMATION

ROK

10456

24796

Click to enlarge

The biggest position in Fisher’s portfolio was iShares Investment Grade Corporate Bonds ETF (NYSEARCA:LQD). At the end of the third quarter, Fisher Asset Management had nearly $700 million invested in LQD. Navellier was bullish about LQD as well. During the third quarter, Navellier & Associates initiated a brand new $32 million of LQD. Since the end of September, LQD returned 0.81%, versus 8.75% for SPY.

The largest position on the list above in Navellier’s portfolio was International Business Machines Corp (NYSE:IBM). Navellier & Associates reported to own $62 million worth of IBM shares at the end of September. Fisher also had $383 million invested in IBM. His Fisher Asset Management increased its stakes in IBM by 1% during the third quarter. IBM returned 9.75% so far in the fourth quarter, outperforming the market by 1 percentage points. Warren Buffett was bullish about IBM as well. At the end of September, his Berkshire Hathaway disclosed to own more than $10 billion worth of IBM shares.

Another technology stock both Fisher and Navellier were bullish about is Apple Inc (NASDAQ:AAPL). As of September 30, Fisher Asset Management had $15 million invested in AAPL and Navellier & Associates invested $51 million in AAPL. Since then, AAPL returned 1.96%. Though the stock underperformed the market in the fourth quarter, its performance throughout the year is quite good. AAPL generated a return of 17.97% since the beginning of this year, heavily beating the 1.74% loss of SPY.

Navellier and Fisher were also bullish about Amazon.com Inc (NASDAQ:AMZN) and Caterpillar Inc (NYSE:CAT). They had nearly $600 million in total invested in AMZN and $350 million in total invested in CAT at the end of the third quarter. Since then, AMZN returned -16.52% and CAT returned 23.90%.

Other stocks both fund managers were in favor of include Baidu Inc (NASDAQ:BIDU), Deere & Co (NYSE:DE), Tiffany & Co (NYSE:TIF), Companhia De Bebidas Das Amers (ABV), Perrigo Company (NASDAQ:PRGO), Starbucks Corp (NASDAQ:SBUX), and Rockwell Automation Inc (NYSE:ROK). Seven out of these stocks outperformed the market in the fourth quarter, and six of them generated double-digit returns. We like Navellier and Fisher. Our research has shown that by focusing on the best stock picks of successful fund managers like Navellier and Fisher, investors are more likely to beat the market in the long term.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.