Louis Navellier’s Top 5 Long-Term Stock Picks

Page 5 of 5

1. NVIDIA Corporation (NASDAQ:NVDA)

Navellier & Associates Equity Stake: $104.14 Million

Navellier & Associates’ First Major Purchase: Q4 2017

Number of Hedge Fund Holders: 264

NVIDIA Corporation (NASDAQ:NVDA) is one of Louis Navellier’s top long-term stock picks. On May 12, NVIDIA Corporation (NASDAQ:NVDA) and Fortinet expanded their partnership to secure enterprise AI systems. As part of the new pact, Fortinet is to tap into Nvidia’s AI platforms and software to provide real-time protection for AI workloads.

This arrangement is built around Fortinet’s FortiAIGate solution, which provides security guardrails for large language models and AI agents. The solution leverages the zero-trust principle to manage traffic between applications and AI models, block threats, and filter unauthorized content. It also logs prompts and responses of suspicious incidents.

With this expanded partnership, Nvidia and Fortinet aim to address the needs of enterprises looking to prevent model misuse and data leakage. The joint solution also aims to protect data and autonomous agents in real time in data centers while making it easier for organizations to monitor AI usage. FortiAI Gate-based AI security can be deployed across cloud, edge, on-premises, and hybrid settings.

NVIDIA Corporation (NASDAQ:NVDA) is a technology giant that provides advanced graphics processing chips and software that go with them. Its chips have broad applications, including powering AI systems, autonomous cars, data centers, and gaming devices.

While we acknowledge the potential of NVDA to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NVDA and that has 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: Billionaire Steve Cohen’s 10 Large-Cap Stock Picks with Highest Upside Potential and 12 Best Uranium Stocks to Buy According to Wall Street Analysts.

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email below.

Page 5 of 5
1281292 - 11759070 - 1