As the calendar flips to 2018, investors are on the hunt for the next big thing. Renowned investor Louis Navellier has identified five elite US stocks that he predicts will explode in value this year. Here's a closer look at his selections and why they could be the next big winners.
1. Amazon (AMZN) Navellier has long been a proponent of Amazon, and for good reason. The e-commerce giant continues to expand its reach into various industries, from cloud computing to entertainment. With a market capitalization of over $1 trillion, Amazon is a force to be reckoned with. Its Prime membership program has become a staple in millions of households, and the company's recent foray into grocery delivery is expected to further boost its growth. As Amazon continues to innovate and diversify its offerings, its stock price is poised to soar.
2. NVIDIA (NVDA) NVIDIA is another stock that Navellier has highlighted as a potential winner in 2018. The company is a leader in the graphics processing unit (GPU) market, with a significant presence in the gaming, automotive, and data center industries. As artificial intelligence and machine learning continue to gain traction, NVIDIA's GPUs will play a crucial role in driving these technologies forward. With a strong product pipeline and a commitment to innovation, NVIDIA is well-positioned for significant growth in the coming years.
3. Apple (AAPL) Apple, the world's most valuable company, is another stock that Navellier believes will explode in 2018. The tech giant has a history of disrupting industries and revolutionizing consumer technology. With its latest iPhone models, Apple has once again captured the attention of consumers worldwide. The company's services division, which includes Apple Music, iCloud, and Apple Pay, is also expected to contribute significantly to its revenue growth. As Apple continues to innovate and expand its product lineup, its stock price is likely to rise accordingly.
4. Visa (V) Visa is a financial services company that has become a household name. Navellier sees Visa as a strong performer in 2018 due to its dominant position in the global payments industry. With the rise of digital payments and the increasing adoption of mobile wallets, Visa is well-positioned to benefit from these trends. The company's robust revenue growth and strong financial performance make it an attractive investment for those looking to capitalize on the digital payments revolution.
5. Microsoft (MSFT) Lastly, Navellier has identified Microsoft as a stock that could explode in 2018. The software giant has transformed itself into a leader in cloud computing and productivity tools. Its Azure cloud platform has become a major competitor to Amazon Web Services, and its Office 365 suite continues to gain traction in the enterprise market. With a strong balance sheet and a commitment to innovation, Microsoft is well-positioned for continued growth in the years ahead.
In conclusion, Louis Navellier's selections for the five elite US stocks to explode in 2018 are based on a combination of strong fundamentals, market trends, and potential for future growth. As these companies continue to innovate and expand their reach, their stock prices are likely to rise accordingly. Investors looking to capitalize on these trends should consider adding these stocks to their portfolios.