5 Thrilling Stocks to Buy According to Louis Navellier

4. Devon Energy Corporation (NYSE:DVN)

Number of Hedge Fund Holders: 55

Navellier & Associates’ Stake Value: $7,135,160

3-year Revenue Growth: 41.41%

On February 14, Devon Energy Corporation (NYSE:DVN) reported earnings for the fourth quarter of fiscal 2022. The company reported an EPS of $1.66 and generated a revenue of $4.30 billion, beating market consensus by $6.66 million. In fiscal 2022, Devon Energy Corporation (NYSE:DVN) grew its revenue by 43.88% year over year. On average, Devon Energy Corporation (NYSE:DVN) has grown its annual revenue by 41.41% over the past 3 years and is placed fourth among Louis Navellier’s most thrilling stock picks.

Devon Energy Corporation (NYSE:DVN) was a part of 55 investors’ portfolios at the end of Q4 2022. These funds held collective positions worth $823.5 million in the company. As of December 31, Navellier & Associates’ stake in the company is valued at $7.13 million.

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