Top 5 Tech Stocks in Louis Navellier’s Portfolio

3. Ubiquiti Inc. (NYSE:UI)

Stock Upside Potential: 5.75%

Navellier & Associates Equity Stake: $16.57 Million

Number of Hedge Fund Holders: 28

Ubiquiti Inc. (NYSE:UI) is one of the top tech stocks in Louis Navellier’s portfolio. Ubiquiti Inc (NYSE:UI) released earnings for its fiscal Q3 2026 (ended March 31) on May 8. The report showed revenue increased 18.7% YoY to $788.2 million, and that surpassed analysts’ expectation of $778.03 million.

The revenue increase was driven by strong growth in the company’s flagship Enterprise Technology segment. This more than offset weakness in the company’s smaller Service Provider Technology segment. Enterprise Technology sales jumped to $717.9 million from $585.7 million a year ago.

Service Provider Technology revenue decreased to $70.3 million from $78.4 million. The gross margin expanded to 47% from 44.5% a year ago, supported by favorable product mix, lower shipping costs, and lower charges for excess inventory.

The company posted GAAP net income of $233.9 million, reflecting an increase of 29.6%. GAAP diluted EPS was $3.86, and adjusted EPS came to $3.88, up from $3 a year ago. Ubiquiti attributed the net income growth to increases in revenue and gross profit.

Ubiquiti’s board declared a quarterly cash dividend of $0.80 per share. The dividend is payable on May 26 to shareholders of record as of May 18.

Based in New York, Ubiquiti Inc (NYSE:UI) is an American technology company focused on network solutions. It produces a range of wireless and wired network products for enterprises and homes. Ubiquiti offers its products under brands such as UniFi, AmpliFi, GigaBeam, and EdgeMax.