In this article, we will list the Top 5 Tech Stocks in Louis Navellier’s Portfolio. Please visit Top 10 Tech Stocks in Louis Navellier’s Portfolio if you would like to see the extended list and the methodology behind it.
5. Apple Inc (NASDAQ:AAPL)
Stock Upside Potential: 9.51%
Navellier & Associates Equity Stake: $11.83 Million
Number of Hedge Fund Holders: 169
Apple Inc. (NASDAQ:AAPL) is one of the top tech stocks in Louis Navellier’s portfolio. On May 7, Apple unveiled new initiatives aimed at expanding renewable energy infrastructure, reducing plastic pollution, and fostering green entrepreneurship in India.
The company has inked a strategic partnership with clean energy developer CleanMax as part of a new effort to expand renewable energy capacity in the country. The partnership also seeks to scale Apple’s renewable energy efforts across the supply chain in India. The two companies have previously worked on a portfolio of rooftop solar projects to power Apple’s offices and retail stores.
The push in India is part of Apple’s ambitious plan of being carbon neutral across its entire footprint by 2030. It also affirms the company’s long-standing commitment to protecting the environment. The company has already approved an initial investment of INR 100 crore to support the development of more than 150 megawatts of new renewable energy capacity, enough to power 150,000 Indian households.
Apple Inc (NASDAQ:AAPL) designs, manufactures, and markets smartphones (iPhone), personal computers (Mac), tablets (iPad), and wearables/accessories (Apple Watch, AirPods). It also develops software platforms (iOS, macOS) and provides digital services, including the App Store, iCloud, Apple Music, and Apple Pay.
4. Palantir Technologies Inc. (NASDAQ:PLTR)
Stock Upside Potential: 36.83%
Navellier & Associates Equity Stake: $12.70 Million
Number of Hedge Fund Holders: 89
Palantir Technologies Inc. (NASDAQ:PLTR) is one of the top tech stocks in Louis Navellier’s portfolio. On May 6, Palantir Technologies Inc. (NASDAQ:PLTR) confirmed its intention to participate in the US Army’s Right to Integrate Hackathon to accelerate and scale interoperability across the Army and the Department of War.
The Hackathon series of events provides a framework for integrating military technology systems. The ultimate goal is to ensure proper integration of offensive and defensive weapon systems to enhance data sharing and communication. Palantir Technologies intends to implement its platform capabilities to support interoperability efforts across the Department of Defense.
In addition, the Palantir Platform features over 210 out-of-the-box connectors to third-party systems. The platform supports dozens of common protocols for data sharing and enables data ingestion and export. Consequently, the company is well-suited to enable interoperability with any system. It also continues to innovate and experiment with emergent connection paradigms to ensure integration with legacy systems.
Palantir Technologies Inc. (NASDAQ:PLTR) builds software platforms that enable government, defense, and commercial organizations to integrate fragmented data, analytics, and AI into a single operating system for real-time decision-making. The company helps clients analyze massive datasets for intelligence, manufacturing, and AI-driven operations.
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.
2. Seagate Technology Holdings Plc (NASDAQ:STX)
Stock Upside Potential: 0.98%
Navellier & Associates Equity Stake: $17.39 Million
Number of Hedge Fund Holders: 74
Seagate Technology Holdings Plc (NASDAQ:STX) is one of the top tech stocks in Louis Navellier’s portfolio. On April 29, analysts at BofA Securities raised Seagate Technology Holdings Plc (NASDAQ:STX) price target to $840 from $700, while reiterating their Buy rating.
The positive stance is in response to the company delivering fiscal third-quarter 2026 results that exceeded the high end of revenue and EPS guidance. In addition, Seagate Technology achieved record margins and generated close to $1 billion in free cash flow.
Revenue in the quarter rose to $3.11 billion from $2.16 billion in the same quarter last year, and the operating margin improved to 37.5% from 23.5%. The company’s net income more than doubled to $934 million, up from $407 million in the same quarter last year. Diluted earnings per share came in at $4.10, up from $1.90.
According to BofA Securities, Seagate Technology is well-positioned for continued growth, given its tight control over hard disk drive supply and the growing demand amid the AI boom. It also expects the company to benefit from growth in pricing margins and cash flow throughout fiscal 2027.
Seagate Technology Holdings Plc (NASDAQ:STX) is a global leader in data storage solutions, specializing in the design, manufacture, and distribution of hard disk drives (HDDs) and solid-state drives (SSDs). It also focuses on mass-capacity storage for cloud, edge, and enterprise data centers, as well as consumer products like gaming drives and external storage, with a strong emphasis on high-capacity storage for AI applications.
1. NVIDIA Corporation (NASDAQ:NVDA)
Stock Upside Potential: 29.73%
Navellier & Associates Equity Stake: $104.14 Million
Number of Hedge Fund Holders: 264
NVIDIA Corp (NASDAQ: NVDA) is one of the top tech stocks in Louis Navellier’s portfolio. On May 6, NVIDIA Corp (NASDAQ: NVDA) entered into a strategic partnership with glassmaker Corning for three new advanced manufacturing facilities in North Carolina and Texas. The tie-up paves the way for integrating glass fiber between chips to replace copper cables.
As part of the strategic partnership, Nvidia is to invest $3.2 billion in Corning and, in return, receive warrants to purchase 15 million Corning shares at $180 per share. The remaining $500 million is to prefund warrants for Nvidia to purchase up to 3 million shares.
While the two companies have yet to share insights on why they are joining forces, CNBC reports that Nvidia plans to replace copper with Corning’s optical glass fibers in its AI rack-scale systems. The chip giant’s CEO, Jensen Huang, has already reiterated that co-packaged optics are crucial to AI build-out.
NVIDIA’s large-scale deployment of co-packaged optics is expected to significantly increase data transfer speeds and reduce the energy needs of AI workloads.
NVIDIA Corporation (NASDAQ:NVDA) designs powerful Graphics Processing Units (GPUs) and specialized computing platforms for artificial intelligence (AI), data centers, gaming, and autonomous vehicles. They are pioneers in accelerated computing, providing the hardware and software (like CUDA) crucial for training Generative AI, simulating digital twins, and powering high-performance computing systems.
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.
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