Quant Ratings Updates on 57 Stocks

Wall Street returned from the Fourth of July holiday weekend in quite the sour mood!

The broader market indices opened dramatically lower today. Now the selling wasn’t a complete surprise, as a consolidation following the holiday was expected, but the fact of the matter remains that investors are still worried about the weak economic data in Europe and recession talk here in the U.S.

The Atlanta Fed isn’t helping quell these recessionary fears either. Last week, the Atlanta Fed slashed its second-quarter GDP estimate, now expecting economic growth to contract at a 1% annual rate. That’s down from previous estimates for 3.3% GDP growth. The estimate of private economists is much more optimistic, with estimates that range from an annual pace of 1.5% to 4.7%. So, according to private economists, it appears the U.S. economy is in the midst of a “soft landing.”

While we wait for more economic data to support the recent claims that the U.S. is in a recession, I’m pleased to report that we are not in an earnings recession. In fact, the analyst community remains relatively positive about the upcoming second-quarter earnings season – and for earnings expectations in full-year 2022.

According to FactSet, the S&P 500 is expected to achieve 4.1% average earnings growth and 10.1% average sales growth in the second quarter. Looking further out, FactSet estimates earnings growth of 10.5% in the third quarter and 9.7% earnings growth in the fourth quarter. So, when you add it all up, analysts anticipate calendar-year earnings growth of 10.2%.

Now, the second-quarter earnings season kicks off in about two weeks, so it’s especially important that you begin adjusting your portfolio now to make sure that you’re invested in fundamentally superior companies – companies with strong sales and earnings growth and positive outlooks – as these will be the go-to names for investors once earnings season gets underway.

To help ensure that you’re staying away from the worst names, I decided to revise my Portfolio Grader recommendations for 57 blue chip stocks. Chances are that you have at least one of these stocks in your portfolio, so you may want to give this list a skim and act accordingly.

You can find the first 10 stocks to sell in the chart below. Click here for the full list of 57 stocks.

Ticker Company Name Total Grade
   ADBE Adobe Incorporated B
ANSS ANSYS, Inc. B
BBDO Banco Bradesco S.A. Sponsored ADR B
BBY Broadridge Financial Solutions, Inc. B
BLK Best Buy Co., Inc. B
DD BlackRock, Inc. B
FDX DuPont de Nemours, Inc. B
NIO NIO Inc. Sponsored ADR Class A B
NKE NIKE, Inc. Class B B
RYAAY Ryanair Holdings Plc Sponsored ADR B

Now, if you’re looking for the best stocks to buy, look no further than my Growth Investor Buy Lists stocks. They’re chock-full of fundamentally superior stocks that I expect will post wave-after-wave of positive earnings results that dropkick and drive them higher.

I recently released three brand-new recommendations – an agricultural and food company, a semiconductor play and a marine shipping stock. These stocks represent an oasis for investors, as they remain characterized by steady sales and earnings growth.

I should also add that this Friday, July 8, I will be unveiling my Top 5 stocks. I’ll give you a hint… they’re domestic companies that benefit from higher energy, food, commodity and shipping costs and are some of the most attractive buys right now. Click here now so you’re ready for the big reveal on Friday.

Also, later this month, I’ll be sitting down with legendary investor Whitney Tilson, who CNBC dubbed “The Prophet” for accurately predicting so many market moves. While our investing strategies are different, we both have been following a massive trend for 40 years that could take a turn that will forever define who saw it coming, and had their money there first – and who missed it completely. I’ll have more details for you soon, so please stay tuned.

Sincerely,

Signed:

Louis Navellier

P.S. Mark your calendar for Friday, July 8. A huge financial event is coming down the pike, one that could turn some stock market investors into millionaires – while bankrupting others.

I believe America is about to enter a “hard turn” that will devastate anyone holding the wrong investments.

These folks will be blindsided, which is why I’m releasing this free presentation. In it, I’ll lay out exactly what is happening, including several key steps every American should take now.

It doesn’t matter if you have $500 or $5 million… I’ll show you how to prepare.

It’s free to watch and by doing so I know you’ll be ahead of everyone else struggling to understand what is really going on.

Click here to learn more.

The Editor hereby discloses that as of the date of this email, the Editor, directly or indirectly, owns the following securities that are the subject of the commentary, analysis, opinions, advice, or recommendations in, or which are otherwise mentioned in, the essay set forth below:

NIKE, Inc. (NKE), Adobe Inc. (ADBE)

Weekly Upgrades and Downgrades

During these busy times, it pays to stay on top of the latest profit opportunities. And today’s blog post should be a great place to start. After taking a close look at the latest data on institutional buying pressure and each company’s fundamental health, I decided to revise my Portfolio Grader recommendations for 57 big blue chips. Chances are that you have at least one of these stocks in your portfolio, so you may want to give this list a skim and act accordingly.

This Week’s Ratings Changes:

Upgraded: From Hold to Buy
Symbol Company Name Quantitative
Grade
Fundamental
Grade
Total
Grade
AGR Avangrid, Inc. B C B
AMH American Homes 4 Rent Class A B B B
BALL Ball Corporation B C B
BNS Bank of Nova Scotia B C B
BZ Kanzhun Ltd. Sponsored ADR B C B
CBOE Cboe Global Markets Inc B C B
CCEP Coca-Cola Europacific Partners plc B C B
INFY Infosys Limited Sponsored ADR B C B
MFC Manulife Financial Corporation B C B
TDY Teledyne Technologies Incorporated B B B
VTR Ventas, Inc. B C B
WST West Pharmaceutical Services, Inc. B C B
Upgraded: From Sell to Hold
Symbol Company Name Quantitative
Grade
Fundamental
Grade
Total
Grade
APP AppLovin Corp. Class A C C C
BUD Anheuser-Busch InBev SA/NV Sponsored ADR D C C
CRH CRH Plc Sponsored ADR D C C
JHX James Hardie Industries PLC Sponsored ADR D C C
LSXMB Liberty Media Corp. Series B Liberty SiriusXM C C C
QSR Restaurant Brands International Inc C C C
TCOM Trip.com Group Ltd. Sponsored ADR C D C
YUMC Yum China Holdings, Inc. C D C
Downgraded: From Buy to Hold
Symbol Company Name Quantitative
Grade
Fundamental
Grade
Total
Grade
ADI Analog Devices, Inc. C B C
CAH Cardinal Health, Inc. B D C
EA Electronic Arts Inc. C B C
EL Estee Lauder Companies Inc. Class A C C C
ENTG Entegris, Inc. C B C
ETN Eaton Corp. Plc C C C
FCX Freeport-McMoRan, Inc. C B C
FNV Franco-Nevada Corporation C C C
GOOGL Alphabet Inc. Class A B C C
HPE Hewlett Packard Enterprise Co. B C C
HZNP Horizon Therapeutics Public Limited Company C B C
LCID Lucid Group, Inc. C C C
LOW Lowe’s Companies, Inc. B C C
MKC McCormick & Company, Incorporated B D C
MRVL Marvell Technology, Inc. C C C
NEM Newmont Corporation B C C
RACE Ferrari NV B C C
RCI Rogers Communications Inc. Class B C C C
TEL TE Connectivity Ltd. C C C
TJX TJX Companies Inc C C C
TTD Trade Desk, Inc. Class A C C C
UMC United Microelectronics Corp. Sponsored ADR C B C
Downgraded: From Hold to Sell
Symbol Company Name Quantitative
Grade
Fundamental
Grade
Total
Grade
ADBE Adobe Incorporated D C D
ANSS ANSYS, Inc. D C D
BBDO Banco Bradesco S.A. Sponsored ADR D B D
BBY Best Buy Co., Inc. D D D
BLK BlackRock, Inc. D C D
DD DuPont de Nemours, Inc. D D D
FDX FedEx Corporation D C D
NIO NIO Inc. Sponsored ADR Class A D C D
NKE NIKE, Inc. Class B D C D
RYAAY Ryanair Holdings Plc Sponsored ADR D C D
TSM Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR D B D
TTWO Take-Two Interactive Software, Inc. D D D
TWTR Twitter, Inc. D B D
UI Ubiquiti Inc. C F D
WDC Western Digital Corporation D D D

To stay on top of my latest stock ratings, plug your holdings into Portfolio Grader, my proprietary stock screening tool. You may get started here.

Sincerely,
Louis Navellier

Louis Navellier

Why We Need to Pay Attention to Micron’s Latest Earnings

From the start of the COVID-19 pandemic, employers around the globe sent their employees home to maintain safety and productivity during the lockdown. As more people began to work from home, the need for work-from-home electronics grew. So, then, did the demand for semiconductors.

Semiconductors are integral devices in PCs, cars, cameras, smartphones, gaming hardware, medical equipment… anything technological. With all that demand, the chip supply has run short – and this is showing in the market.

Despite the demand, semiconductors were caught up in the broader market selloff this year. The SPDR S&P Semiconductor ETF (XSD), which tracks an index of chip stocks, is down nearly 38% year-to-date. It is also underperforming the S&P 500, which is down more than 20% during the same time frame.

So, given the disappointing performance from semiconductors this year, all eyes were on Micron Technology, Inc. (MU) on Thursday afternoon. That’s when the Boise, Idaho-based company, which builds and sells memory chips for PCs and smartphones, reported its earnings results for its third quarter in fiscal year 2022.

Unfortunately, they continued to disappoint.

For the third quarter, Micron reported earnings of $2.59 per share on revenue of $8.6 billion. Analysts were calling for earnings of $2.43 per share, so the company topped earnings estimates by 6.6%. Revenue was in line with expectations.

Despite reporting an earnings surprise, MU fell more than 5% on Friday, though it did regain some momentum in afternoon trading. The fact of the matter is that Micron’s fourth-quarter guidance fell short of analysts’ expectations. Looking forward, the company projects revenue between $6.8 billion and $7.6 billion and earnings per share between $1.43 and $1.83. Analysts had anticipated revenue of $9.05 billion and earnings of $2.62 per share.

I should also add that Micron CEO Sanjau Mehrotra’s comments during the earnings conference call weren’t helpful. During the call, Mehrotra said he anticipates smartphone unit volume to slip about 5% year-over-year. Analysts had estimated smartphone unit volume to grow about 5%. The CEO also noted that PC sales could fall 10% year-over-year, so Micron was adjusting its production growth to meet the slowing demand.

Mehrotra also commented that computer and smartphone owners were “adjusting their inventories” for the next six months. “If you were to translate it into units, it amounts to like 130 million units reduction versus expectation earlier in the year for smartphone,” he said. “Similarly, for PC, let’s say 30 million kind of reduction in terms of total units versus the projections earlier in the year.”

This is another indication that demand for computer and smartphones is weakening and could weigh on chipmaker revenues, which does not bode well for the semiconductor sector.

So, where should you invest your money instead?

Companies with scalability.

Scalability is the capacity of a business to massively grow revenues while minimally growing the costs associated with producing those revenues.

This kind of company can grow 10, 100, or even 1,000 times larger in the span of just a few years. That makes scalability the Holy Grail of business models.

Scalability is the key quality of incredible wealth generators like Meta Platforms, Inc. (META), Amazon.com, Inc. (AMZN) and Alphabet Inc. (GOOG). When it comes to building great wealth in short time spans, nothing comes close to scalable businesses.

(Chip developers like Micron, by nature, are manufacturers, even if they contract fabrication out to Taiwan. Manufacturing, with its high real estate, employment, and equipment demands, is decidedly not scalable.)

I’m pleased to say that my friend the Wall Street legend Whitney Tilson – dubbed by CNBC as “The Prophet” for correctly predicting many market moves – agrees (he likes to call these companies “hyperscalable”).

Our investing approaches may be different, but the point remains the same: When it comes to building great wealth in short time spans, nothing comes close to scalable businesses.

It’s why Whitney and I are getting ready now for an upcoming special event where we’ll discuss scalability (or hyperscalability)… and how you can use it to your profitable advantage today. I’ll have more details on this event soon, so keep an eye on your inbox for updates.

Sincerely,

Signed:

Louis Navellier

P.S. The stock market will be closed on Monday, July 4, in celebration of the Fourth of July holiday. The InvestorPlace offices and customer service department will also be closed next Monday. I hope you have a happy and safe holiday!

The Editor hereby discloses that as of the date of this email, the Editor, directly or indirectly, owns the following securities that are the subject of the commentary, analysis, opinions, advice, or recommendations in, or which are otherwise mentioned in, the essay set forth below:

Amazon (AMZN), Alphabet (GOOG), Micron Technology, Inc. (MU), Meta Platforms, Inc. (META)

Did Chinese Stocks Earn Their Rally This Week?

Tuesday was a big day for Chinese stocks: Hong Kong’s Hang Sang Index reversed a loss to end the day up 0.9%, and China’s CSI 300 Index spiked 19%, ultimately ending the day 1% higher and getting awfully close to a bull market as it shot up from April’s low. China’s Shenzhen-listed stocks also gained 1%.

And this quarter, the CSI 300 has outperformed global indices by the most since 2014. For perspective, year-to-date, the CSI 300 has dropped 10%, while the S&P 500, NASDAQ and Dow have slipped 20.6%, 29.5% and 15.3%, respectively.

The catalyst behind Tuesday’s rally? China announcing that it would ease its COVID-19 restrictions.

The optimism surrounding the lifting of restrictions impacted economies globally. Currencies in Thailand and Australia, countries that look to China for tourism and trade, strengthened after the announcement.

As you may recall, China enforced a zero-COVID-19 policy to lessen the spread of COVID-19. These lockdowns went into effect around the end of March and had a disastrous effect on not only the Chinese economy, but also the global economy.

As a result, stocks suffered as China saw slowdowns in factory production and heightened supply-chain issues. For example, Tesla Inc. (TSLA) was one of the stocks hit hardest by the shutdown in China.

Before restrictions, China had been a source of high electric vehicle (EV) demand for Tesla – its sales spiked 56% in the first quarter of 2022. But in April, sales of Tesla’s Model 3s and Ys tanked 87% from the same month a year prior. For reference, 65,814 cars were sold in March, so the 1,512 sold in April marked a 98% drop in sales, according to the China Passenger Car Association.

Tesla had not seen such low sales in China since April 2020. Delayed shipments and parts shortages also contributed to the low sales volume. I should also add that the Shanghai Gigafactory had previously been Tesla’s top source of production at the end of 2021.

But back to China’s COVID-19 policies… things are looking up. Rather than quarantine for three weeks, people traveling to China will be isolated in a centralized location for seven days followed by another three at home, according to the Chinese National Health Commission’s Tuesday statement.

This is a drastic change from the previous two weeks of quarantine in a centralized location with a subsequent week of quarantine at home. Visitors from Hong Kong will only be required to quarantine for seven days.

“This relaxation [of restrictions] sends the signal that the economy comes first. It is a sign of importance of the economy at this point,” Li Changmin, Managing Director at Snowball Wealth in Guangzhou, told Bloomberg.

All of this comes after analysts everywhere, from Bank of America to Goldman Sachs, spent the last few weeks revising their previously dim outlooks upwards for the Chinese economy.

Now, there were three Chinese stocks that rallied sharply following the COVID-19 restriction news: Nio, Inc. (NIO), JD.com (JD) and Alibaba (BABA).

So, is now the time to jump back into these Chinese stocks? Well, according to my Portfolio Grader, not quite yet…

Nio, Inc. boasts that it is the “next-generation car company,” as it designs and manufactures electric vehicles that utilize the latest technologies in connectivity, autonomous driving and artificial intelligence. In the last month, the stock has rallied 24%. But looking at the longer term, NIO has dropped just over 30% since the beginning of 2022.

And in my Portfolio Grader, the stock does not qualify as one I’d recommend to buy.

As you can see, the stock’s ‘C’ rating makes it a ‘Hold.’ So, I’m not too sold yet on Nio.

JD.com is an e-commerce platform and retailer in China. Like Amazon.com Inc (AMZN), JD.com offers same-day and next-day delivery. Like Nio, the stock has given a fantastic performance lately. In the past month it has gained 18%. But, also like Nio, the stock has dropped since the start of 2022: over 2%.

And if you take a peek at its grade, you’ll see the stock earns a ‘D’ fundamental grade – meaning it lacks the strong fundamentals that I look for in the stocks I recommend to buy.

So, for the moment, I view JD.com as a ‘Hold,’ not a ‘Buy.’

Alibaba Group Holding Ltd. is a Chinese online and mobile commerce company, offering solutions primarily for businesses. The company operates through four businesses spanning core commerce, cloud computing, digital media and entertainment, and innovation initiatives. In June, BABA shares rallied 18.4%.

But a quick peek at my Portfolio Grader shows the stock earns a ‘D’ rating.

This makes it a ‘Sell,’ meaning that it lacks the strong fundamentals to make it a good long-term buy. So, while it may have some momentum in the near term, I don’t see the stock outperforming. That’s especially given its D-rating for its Quantitative Grade, which indicates that institutional buying pressure has all but dried up.

Where to Invest Now

These days I’ve been incredibly bullish on the energy sector, and for good reason. According to FactSet, the S&P 500 energy sector’s earnings are anticipated to increase 215.4% year-over-year. And with the second-quarter earnings season just around the bend, I anticipate oil companies to report record earnings, which in turn will drive my Buy List stocks higher in the wake of better-than-expected earnings.

Now, I should also add that I expect all of my Growth Investor stocks to outperform in the coming weeks and months as earnings season gets underway. The fact of the matter is these stocks are characterized by 61.6% annual sales growth and 429.2% annual earnings growth – yet are trading at only 8.5 times median forecasted earnings!

I’m keenly aware of the rampant recession fears, as the Treasury yield curve briefly inverted and the Fed has had to raise key interest rates (along with other central banks).

This has spooked investors. But the fact is, my Growth Investor stocks are poised to profit from all the inflation chaos!

After all, we are loaded with energy, fertilizer, food, shipping and specialty semiconductor stocks. These stocks are an oasis for investors seeking steady sales and earnings growth.

Sincerely,

Signed:

Louis Navellier

P.S. I recently sat down with Wall Street legend Whitney Tilson, who Wall Street has dubbed “The Prophet” for correctly predicting many market moves. Now, our investing approaches may be different, but there’s one thing we can agree on: Something big is happening on August 29, 2022, in downtown Houston, Texas, that could set in motion the biggest investment opportunity in three generations.

So, if you think the market has been shaken up this year… you haven’t seen anything yet.

Whitney and I have been tracking this event for 40 years. What you do on that day will forever define who saw it coming – and had their money first… and who missed it completely.

We’ll be making an exciting announcement about this event soon, so keep an eye on your inbox!

The Editor hereby discloses that as of the date of this email, the Editor, directly or indirectly, owns the following securities that are the subject of the commentary, analysis, opinions, advice, or recommendations in, or which are otherwise mentioned in, the essay set forth below:

Alibaba (BABA), Amazon.com Inc (AMZN)

Here’s Why Oil Stocks Have NOT Peaked Yet

Last week’s four-day trading week was an absolute boon for the stock market, with the S&P 500 rallying 6.5% and the Dow tacking on a 5.4% gain. The NASDAQ also roared back last week, climbing an impressive 7.5%.

Unfortunately, some stocks did not participate in the market’s rebound last week, namely energy stocks.

The reality is that weak economic news emanating from Europe, as well as all the talk about a potential recession here in the U.S., caused a mini “commodity crunch” last week.

Crude oil, copper and other commodity prices all declined. Even grain prices dipped briefly below their levels prior to the Russia-Ukraine conflict, despite the fact that Ukrainian wheat is not being shipped to its normal markets in Africa, Europe and the Middle East. Moderating commodity prices are a clear sign that inflation is cooling.

While we all want to see inflation moderate, the question remains, what does this recent action mean for energy stocks?

In today’s Market360, we’ll consider whether the oil market has peaked… and if there is still more room to profit in the energy sector.

Record Earnings Expected from Oil

While crude oil prices have dipped from $120 per barrel at the end of May to about $107 per barrel this week, gasoline prices remain elevated. The average price of gasoline in the U.S. has been around $5 per gallon, and some economists have even forecast that $6 per gallon isn’t out of the question as the summer driving season accelerates.

Americans are clearly frustrated with the elevated prices for gasoline, as the higher prices at the pump are now apparently impacting demand.

According to energy data provider OPIS, U.S. gasoline demand declined 8.2% in the latest week (ending on June 10) compared to a year ago. The Energy Information Agency (EIA) also estimates that oil consumption dropped by 110,000 barrels per day compared to the previous week.

Gasoline is widely viewed as a largely “inelastic” commodity where demand is slow to change. But oil consumption is changing right now. The EIA noted that the U.S. was using 9.4 million barrels per day at this time last year, while the U.S. is now using about 9.1 million barrels per day this year.  Clearly, some consumers may be consolidating their trips and driving less. The real test, though, will be the upcoming July 4th holiday weekend.

In the meantime, crude oil and refinery companies are still expected to report record second-quarter earnings. As an example, Cenovus Energy, Inc. (CVE) is forecast to achieve 800% year-over-year earnings growth for its quarter.

Energy Stocks Still Have Room to Run

In my opinion, energy stocks still have room to run and will remain profitable even if crude oil falls to $90 per barrel after September, when seasonal demand naturally ebbs.

As I laid out last week, oil companies continue to boast strong operating margins, which is why I expect them to report record earnings in the coming quarter. Currently, FactSet expects the energy sector’s earnings to grow a whopping 215.4% year-over-year. This compares to initial estimates made on March 31 for earnings growth of 137.4%. For perspective, the S&P 500’s earnings growth rate is forecast to come in at 4.3%. Wall Street typically rewards companies that post strong earnings and sales results, so I fully expect energy companies’ stock to be dropkicked and driven higher in the wake of their better-than-expected earnings reports.

I should also add that yesterday, as the market started falling apart after a strong open, energy stocks remained the bright green light in a sea of red.

So, I remain very bullish on energy stocks, and view the recent dip as a good buying opportunity.

That’s why in last Friday’s Growth Investor Monthly Issue for July my Top 5 Stocks list is chock-full of energy stocks.

I also added three exciting new stocks. These companies not only have strong forecasted earnings growth but have also benefited from positive analyst estimates and persistent institutional buying pressure.

To access the issue, simply click here.

The bottom line: The energy bull has not run out of steam yet.

Sincerely,

Signed:

Louis Navellier

P.S. I recently sat down with Wall Street legend Whitney Tilson, who Wall Street has dubbed “The Prophet” for correctly predicting many market moves. Now, our investing approaches may be different, but there’s one thing we can agree on: Something big is happening on August 29, 2022, in downtown Houston, Texas, that could set in motion the biggest investment opportunity in three generations.

So, if you think the market has been shaken-up this year… you haven’t seen anything yet.

Whitney and I have been tracking this event for 40 years, and what you do on that day will forever define who saw it coming, and had their money first… and who missed it completely.

We’ll be making an exciting announcement about this event soon, so keep an eye on your inbox!

The Editor hereby discloses that as of the date of this email, the Editor, directly or indirectly, owns the following securities that are the subject of the commentary, analysis, opinions, advice, or recommendations in, or which are otherwise mentioned in, the essay set forth below:

Cenovus Energy, Inc. (CVE)

Quant Ratings Updated on 97 Stocks

Last Friday was a stunning day for the market. The S&P 500, Dow and tech-heavy NASDAQ ended the day up about 3.1%, 2.7% and 3.3%, respectively. For the week, the S&P 500, Dow and NASDAQ rallied 6.4%, 5.4% and 7.5% – a breath of fresh air following two straight weeks of at least 5% declines.

However, the market gyrations picked up steam today. While stocks stormed out of the gate this morning, with the S&P 500 and Dow climbing more than 1% and the NASDAQ jumping about 1% in early trading, the rally fizzled out in the afternoon.

Now, I should note that the strength in tech stocks is interesting to see, given how tough it’s been for the NASDAQ this year. As you may recall, the index officially fell into a bear market on March 7, after it closed 20% from its record high of 16,057.44 set on November 19, 2021. Of course, the NASDAQ still has a long way to go, as it’s still down about 28% from its all-time high. But the fact of the matter is some tech stocks were beginning to show signs of life last week – and that’s being reflected in my Portfolio Grader.

Over the weekend, I revised my Portfolio Grader recommendations for 97 blue chip stocks, and many stocks that were upgraded from a Sell to a Hold or Hold to a Buy were in the tech industry. I’ve listed the first 10 stocks that were upgraded from a Hold to a Buy in the chart below. For the full list of stocks, click here. Chances are that you have at least one of these stocks in your portfolio, so you may want to give this list a skim and act accordingly.

Ticker Company Name Total Grade
ABMD ABIOMED, Inc. B
AWK American Water Works Company, Inc. B
BAH Booz Allen Hamilton Holding Corporation Class A B
BR Broadridge Financial Solutions, Inc. B
CAG Conagra Brands, Inc. B
CAH Cardinal Health, Inc. B
CCI Crown Castle International Corp B
CL Colgate-Palmolive Company B
EA Electronic Arts Inc. B
EL Estee Lauder Companies Inc. Class A B

Even though tech stocks did turn around a bit, I still believe the best opportunities lie in fundamentally superior energy stocks. Now, I know that the energy sector took a nasty hit recently. We spoke last week about how energy stocks have struggled after the algorithms that control trading on Wall Street finally hit the energy sector following the Biden administration’s letter to seven major oil companies, including Exxon Mobil Corporation (XOM), BP plc (BP), Shell plc (SHEL) and Valero Energy Corporation (VLO). The letter called for “immediate actions” to supply more fuel and said his administration was prepared to use “all reasonable and appropriate” tools to help boost the fuel supply.

I should also add that last Wednesday, the Biden administration proposed a three-month federal gas tax holiday. Currently, there is an $0.184 federal tax on gasoline and a $0.244 federal tax on diesel. The biggest political problem with the focus on gasoline taxes is that the refining profit margins are smaller than both federal and state taxes in most states, so the Biden administration’s criticism of refiners is backfiring with many voters. Back in March, Nancy Pelosi called suspending the gasoline tax “very showbiz,” so there is seemingly not a lot of unity in Congress pushing for a federal tax holiday.

The latest blowback on the prices at the pump came from Chevron Corporation’s (CVX) chief executive, Mike Wirth, who in a letter to the Biden administration said that “we need clarity and consistency on policy matters ranging from leases and permits on federal lands, to the ability to permit and build critical infrastructure, to the proper role of regulation that considers both costs and benefits.”

When asked by a reporter for the Biden administration’s response to Chevron’s letter, CEO Wirth said, “He’s mildly sensitive. I didn’t know they’d get their feelings hurt that quickly.” Chevron is based in California, which has its own unique fuel standards and is used to working with regulators, so if the Biden administration does not reach out to CEO Wirth, it is not a good sign and guarantees that the prices at the pump will remain high.

However, despite last week’s developments, I remain very bullish on fundamentally superior energy stocks – and I’ll explain exactly why in Thursday’s Market360 article, so keep an eye on your inbox for that!

Let me say now though that I am so confident in energy stocks that boast strong sales and earnings that they currently make up my latest Top 5 Stocks list in Growth Investor.

I encourage you to join me at Growth Investor today so you can receive my Top 5 Stocks list, as well as my three brand-new recommendations that not only have strong forecasted sales and earnings growth but have also benefitted from positive analyst estimates and persistent institutional buying pressure.

For full details, please click here.

Sincerely,

Signed:

Louis Navellier

The Editor hereby discloses that as of the date of this email, the Editor, directly or indirectly, owns the following securities that are the subject of the commentary, analysis, opinions, advice, or recommendations in, or which are otherwise mentioned in, the essay set forth below:

American Water Works Company, Inc. (AWK), Broadridge Financial Solutions, Inc. (BR), BP plc (BP), Conagra Brands, Inc. (CAG), Colgate-Palmolive Company (CL), Electronic Arts Inc. (EA), Shell plc (SHEL), Valero Energy Corporation (VLO)

Weekly Upgrades and Downgrades

During these busy times, it pays to stay on top of the latest profit opportunities. And today’s blog post should be a great place to start. After taking a close look at the latest data on institutional buying pressure and each company’s fundamental health, I decided to revise my Portfolio Grader recommendations for 97 big blue chips. Chances are that you have at least one of these stocks in your portfolio, so you may want to give this list a skim and act accordingly.

This Week’s Ratings Changes:

 

Upgraded: From Hold to Buy
Symbol Company Name Quantitative
Grade
Fundamental
Grade
Total
Grade
ABMD ABIOMED, Inc. B C B
AWK American Water Works Company, Inc. B C B
BAH Booz Allen Hamilton Holding Corporation Class A B C B
BR Broadridge Financial Solutions, Inc. B C B
CAG Conagra Brands, Inc. B C B
CAH Cardinal Health, Inc. B C B
CCI Crown Castle International Corp B C B
CL Colgate-Palmolive Company B C B
EA Electronic Arts Inc. B B B
EL Estee Lauder Companies Inc. Class A B C B
GFL Environmental Inc Seagen, Inc. B C B
GOOGL Alphabet Inc. Class A B C B
HRL Hormel Foods Corporation B C B
INTU Intuit Inc. B C B
IQV IQVIA Holdings Inc. B C B
KHC Kraft Heinz Company B C B
KMB Kimberly-Clark Corporation B C B
LDOS Leidos Holdings, Inc. B C B
LUMN Lumen Technologies, Inc. B B B
MAS Masco Corporation B B B
MDLZ Mondelez International, Inc. Class A B C B
PAYC Paycom Software, Inc. B B B
PKI PerkinElmer, Inc. B C B
PODD Insulet Corporation B B B
RACE Ferrari NV B C B
RCI Rogers Communications Inc. Class B B C B
RPRX Royalty Pharma Plc Class A B C B
SJM J.M. Smucker Company B C B
SJR Shaw Communications Inc. Class B A C B
T AT&T Inc. B C B
TAP.A Molson Coors Beverage Company Class A B C B
WTRG Essential Utilities, Inc. B C B
XEL Xcel Energy Inc. A C B
XPEV XPeng, Inc. ADR Sponsored Class A B C B
ZI ZoomInfo Technologies Inc. B B B
ZS Zscaler, Inc. B B B
ZTS Zoetis, Inc. Class A B C B

 

Upgraded: From Sell to Hold
Symbol Company Name Quantitative
Grade
Fundamental
Grade
Total
Grade
ANSS ANSYS, Inc. C C C
ARE Alexandria Real Estate Equities, Inc. C D C
ATVI Activision Blizzard, Inc. C D C
BLK BlackRock, Inc. C C C
CHWY Chewy, Inc. Class A C D C
CRL Charles River Laboratories International, Inc. D C C
CRM Salesforce, Inc. C C C
CSGP CoStar Group, Inc. C B C
DLR Digital Realty Trust, Inc. B D C
ECL Ecolab Inc. C D C
EQIX Equinix, Inc. C C C
GMAB Genmab A/S Sponsored ADR C C C
NIO NIO Inc. Sponsored ADR Class A C C C
PEAK Healthpeak Properties, Inc. D C C
RBLX Roblox Corp. Class A C C C
RYAAY Ryanair Holdings Plc Sponsored ADR C C C
SSNC SS&C Technologies Holdings, Inc. C C C
TTWO Take-Two Interactive Software, Inc. C D C
U Unity Software, Inc. C C C
UL Unilever PLC Sponsored ADR D C C
Downgraded: From Buy to Hold
Symbol Company Name Quantitative
Grade
Fundamental
Grade
Total
Grade
BBVA Banco Bilbao Vizcaya Argentaria, S.A. Sponsored ADR C B C
BKNG Booking Holdings Inc. C B C
BNS Bank of Nova Scotia C C C
CAT Caterpillar Inc. C C C
CBOE Cboe Global Markets Inc. B C C
CCK Crown Holdings, Inc. B C C
CNHI CNH Industrial NV C C C
DB Deutsche Bank Aktiengesellschaft C C C
DFS Discover Financial Services C C C
DOW Dow, Inc. C B C
DRI Darden Restaurants, Inc. C C C
EC Ecopetrol SA Sponsored ADR C B C
FITB Fifth Third Bancorp B C C
GOLD Barrick Gold Corporation C C C
HLT Hilton Worldwide Holdings Inc B C C
INFY Infosys Limited Sponsored ADR C C C
JD JD.com Inc. Sponsored ADR C C C
KMI Kinder Morgan Inc Class P B C C
NICE NICE Ltd Sponsored ADR C C C
NKE NIKE, Inc. Class B D C C
NXPI NXP Semiconductors NV C B C
RIO Rio Tinto plc Sponsored ADR C C C
SCCO Southern Copper Corporation C C C
SUZ Suzano SA Sponsored ADR C B C
URI United Rentals, Inc. C B C
VMW VMware, Inc. Class A B D C
WFC Wells Fargo & Company B C C

 

Downgraded: From Hold to Sell
Symbol Company Name Quantitative
Grade
Fundamental
Grade
Total
Grade
COF Capital One Financial Corp D C D
CRH CRH Plc Sponsored ADR D C D
FMX Fomento Economico Mexicano SAB de CV D C D
GNRC Generac Holdings Inc. D C D
HON Honeywell International Inc. D C D
LSXMB Liberty Media Corp. Series B Liberty SiriusXM D C D
PARA Paramount Global Class B D C D
PARAA Paramount Global Class A D C D
PKX POSCO Holdings Inc. Sponsored ADR F B D
ROST Ross Stores, Inc. D D D
STLA Stellantis N.V. D C D
SYF Synchrony Financial D C D
TRMB Trimble Inc. D C D

To stay on top of my latest stock ratings, plug your holdings into Portfolio Grader, my proprietary stock screening tool. You may get started here.

Sincerely,
Louis Navellier

Louis Navellier

The Companies In Line to Profit From the EV Revolution

The electric vehicle (EV) market still continues to face challenges.

EVs use lithium-ion batteries, composed of metals such as lithium, nickel, and cobalt. Earlier this month, I talked about how these metals have become progressively more expensive, due in part to Russia’s invasion of Ukraine and subsequent supply chain issues:

According to Benchmark, raw materials now account for 80% of the cost of a lithium-ion battery, up from 40% in 2015. Specifically, Benchmark noted that materials for the battery cathode, such as lithium, cobalt and nickel, have collectively gained about 150% in the past year, including 25% to 30% in the past month!

As these metals have become increasingly harder for automakers to obtain, the cost of lithium-ion batteries has also increased. In fact, the cost of a battery pack could increase 15% this year, according to the International Energy Agency.

And as gas prices have surged following Russia’s invasion of Ukraine, electric vehicles have become the safe haven from the gas pump.

In fact, I noted in yesterday’s Growth Investor Monthly Issue for July that two million EVs were sold in the first quarter of 2022, according to the IEA. The IEA also noted that, between 2018 and 2021, the number of EVS driven worldwide tripled.

However, these rising commodity costs are impacting electric vehicles’ price tags. For example, Tesla Inc. (TSLA) recently increased the price of its EVs (by $2,500 to $6,000) for the third time this year.

The bottom line is the EV revolution is being boosted by high gasoline prices, but an acute shortage of lithium, nickel and cobalt are also hindering EV sales. Elon Musk recently said that he expects last year’s Environmental Social Governance (ESG) initial public offering darlings, namely Rivian Automotive, Inc. (RIVN) and Lucid Group, Inc. (LCID), which started trading at higher valuations than Ford Motor Company (F) and General Motors Company (GM), respectively, are now expected to go bankrupt.

Specifically, Musk said:

Unless something changes significantly with Rivian and Lucid, they will both go bankrupt, they’re tracking to bankruptcy.” Furthermore, Musk concluded by saying, “I hope they are able to do something, but unless they cut their costs dramatically they’re in deep trouble… and will end up in the cemetery like every other car company with the exception of Tesla and Ford.

Tesla, of course, has continued to claim the crown for most EV sales globally – and it will likely hold on to it for the next 18 months. But after that, Volkswagen AG (VWAGY) is expected to steal the crown by 2024, as it is already beating Tesla in Europe with growing sales for its Audi, Porsche and VW EVs. The fact that Volkswagen will offer more EV models, like a new Porsche Macan and VW ID Buzz van, should push Volkswagen to the top of global EV sales.

However, all EV companies remain constrained by rising battery costs from suppliers like CATL, LG Chem, Panasonic, Samsung and SK Innovations.

Now, in Growth Investor, we’ve already added Volkswagen, as well as several other companies directly in line to profit from the EV revolution when it hits the gas, including Ford, Panasonic Corporation (PCRFY) and Toyota Motor Corporation (TM).

In the meantime, how will automakers plan to obtain batteries and their necessary metals? Well, this week Toyota revealed its strategy.

Reduce, Reuse, Redwood

Toyota is partnering with Redwood Materials Inc., a battery recycling company founded by Tesla cofounder JB Straubel. Redwood works to recover old metals, like lithium, cobalt, and nickel mentioned above, and repurpose them into new electric vehicle batteries.

In their partnership, Redwood will be recycling batteries from Toyota’s early-generation Prius models, which came out nearly two decades ago. As it is, the majority of battery-powered vehicles being retired today are Priuses, and the batteries taken from these older cars have reached their life span.

The process works like this: The batteries are first sorted manually; then, they undergo a hydro-chemical process – with some batteries heated in an oven instead – to separate the metals within. The mix of metals leftover then undergoes another chemical process, where they are converted into usable material for new EV batteries. As Straubel said in a Forbes article, “We basically disassemble those things chemically and start to separate out the useful materials and use those as the building blocks to manufacturing.”

Doing this, extracting metals from old products to create new products, will allow Toyota to create a “closed loop” supply chain. And as the metals for lithium-ion batteries have become increasingly unavailable or costly to other automakers, Toyota has taken steps towards sustaining its own flow of scarce necessities needed for its own EV revolution.

In fact, on Tuesday, the company announced that it is prepared to invest $70 billion in EV development and reiterated its goal to sell eight million EVs by 2030.

Toyota, however, is not the only company to “diversify battery manufacturing” and keep the mining of metals in house: has previously announced plans to also work with Redwood to recycle its own batteries.

So, although the electric vehicle makers have not been without their challenges, there is still plenty of long-term potential. It’s why I recommended a new EV play in yesterday’s Growth Investor Monthly Issue for July – a semiconductor company that provides the technologies and solutions necessary to minimize carbon dioxide output and power EVs, fuel cell EVs and hybrid vehicles.

To receive my latest recommendations and become a member of Growth Investor today, please click here.

Sincerely,

Signed:

Louis Navellier

P.S. Historic underinvestment… surging demand… and the Ukraine crisis are pushing us toward a historic oil price surge.

And I’m not alone in believing that. Goldman Sach says that we could soon see oil hit $200 per barrel. Experts at Rystand Energy are projecting $250 per barrel.

And when oil hits those historic highs… it will have devastating effects throughout the American economy. Food prices will break records… Rampant inflation will worsen…

However, as investors, there is an opportunity here to prosper from the high oil prices. It’s why I put together a special presentation. In it, I tell you where you need to be putting your money to profit off a massive oil spike and how to prepare your portfolio for the days ahead.

Just click here to watch it now.

The Editor hereby discloses that as of the date of this email, the Editor, directly or indirectly, owns the following securities that are the subject of the commentary, analysis, opinions, advice, or recommendations in, or which are otherwise mentioned in, the essay set forth below:

Toyota Motor Corp (TM), Ford Motor Company (F), Volkswagen AG (VWAGY), Panasonic Corporation (PCRFY)

The Switch to Coal in Europe

Europe is currently in the height of a summer heatwave. And while this means folks have no use for their heating systems right now, concerns over how houses will be heated in the cold winter months have begun to arise.

Earlier this week, Russian energy giant Gazprom cut gas flow via the Nord Stream 1 pipeline, causing fears over the future winter gas supplies to escalate. The Nord Stream 1 pipeline flows from Russia to Germany under the Baltic Sea.

Gazprom cited technical problems for the constraints. The company said the return of equipment serviced by Germany’s Siemens Energy in Canada was delayed.

But German Economic Minister Robert Habeck coined the pipeline as a political move. A spokesperson for the bloc called the move “another example of Gazprom and Russia’s use of its energy supplies as an instrument of blackmail.”

And while Gazprom maintains the cut was not meant to send a message, CEO Alexei Miller said that the company will continue to do as it pleases.

“Our product, our rules,” Miller said during the St. Petersburg International Economic Forum. “We don’t play by rules we didn’t create.”

It is not yet known when or if the Nord Stream 1 gas flows will return to normal levels. But it does have impact on the market as a whole…

In today’s Market360, we’ll talk about those impacts and I’ll share the profit opportunities that I see in the near future.

The Impact of Russia’s Actions

Since the Russian invasion of Ukraine in February, Russia has cut off gas supply to several European countries. Typically, the EU receives roughly 40% of its gas via Russian pipelines. And last year, 55% of Germany’s natural gas supply came from Russian imports. After the Russian invasion, Berlin cut its consumption of Russian gas supply by 20%, as it began to purchase gas from Norway, the United States, and the United Arab Emirates.

Europe uses the summer months as the “filling season.” The bloc fills underground storage networks, including salt and porous-rock caverns, aquifers and depleted gas fields, with natural gas to store for the winter months.

In May, the EU set a goal for these storage facilities to reach 80% capacity by November. As of last weekend, storage was 54% full, according to Gas Infrastructure Europe. While above the 44% capacity at this time last year, the new strains on supply threaten that 80% goal.

And as Europe now scrambles for natural energy, countries are considering a return to coal-fired plants to produce heat in the winter and compensate for Russian supply shortages.

Coal burning produces carbon dioxide and methane gas, among others, and poses a serious threat to the environment. It is the most carbon-intensive fossil fuel in terms of emissions and has thus been one of biggest targets in the transition away from fossil fuels and into more renewable energy sources.

But policymakers have agreed upon coal burning as a necessity if Europe wants a solid heat supply in the winter.

Habeck said that, while a “bitter” choice, the decision to burn coal and limit the use of natural gas is one Germany had to make in order to store as much gas as possible.

In a statement Sunday, he announced Germany’s decision to restart coal-fired power plants. Industrial lobby Federation of Germany Industries (BDI) said last week that companies had already begun making the switch to coal to make more natural gas available for storage.

The German government has also called upon its people to use less natural gas in the coming months.

Europe Beyond Coal Managing Director Mahi Sideridou told CNBC:

“Decades of failed energy and infrastructure policies have led to a point where our governments are (re)considering coal, a fuel that is responsible for millions of deaths as well as irreversible climate damage. The critical thing now is that they ensure that any new measures are temporary, and that we are on the pathway to fully exit coal in Europe by 2030 at the latest.”

While the latest coal developments bode well for coal companies, that doesn’t mean that we should disregard oil companies.

Remember, in the U.S., oil is king, and I anticipate that it’s going to reign supreme for at least the next two decades. The fact of the matter is we’re still in the early innings of the new oil boom, which is why now is the perfect time to invest in the energy sector.

There are three main catalysts that will spur the oil boom over the coming years, but let me share one with you today…

The ESG Delusion

I call it the ESG Delusion.

For years, ESG investing (Environmental, Social, Governance) was all the rage. Folks wanted companies to decrease their investments in fossil fuels and reward them for long-term “climate friendly” solutions. The concept essentially ended fossil-fuel investing among those who followed the ESG ethos (including many big-money institutions) and caused energy stocks to fall to barely 2% of the S&P 500 holdings last year.

So, over the past couple of decades, oil companies were quick to rebrand themselves as “climate friendly,” too. For example, BP p.l.c. (BP) invested $220 million into U.S. solar projects and even temporarily renamed itself “Beyond Petroleum,” Shell plc (SHEL) spent $4 million on a wind farm and Chevron Corporation (CVX) invested $3 billion into a renewable energy growth. Today, more than half of the Fortune 500 companies are spearheading major ESG initiatives.

However, following the recent rise of energy stocks, oil companies now represent approximately 5% of the S&P 500 and continue to steadily rise. During its recent annual rebalancing, the S&P 500 ESG index kicked out Tesla, Inc. (TSLA) and added ExxonMobil (XOM). According to the University of Massachusetts’ 2021 Toxic Air Polluters Index, which ranks the 100 largest corporations based on 2019 emissions, Tesla ranked 22. ExxonMobil and Marathon Petroleum Corporation (MPC) ranked 28. The University of Massachusetts found that the vast majority of Tesla’s air pollution is attributable to its lithium-ion battery plant outside of Reno, Nevada.

If you’d like to know the other catalysts that should light a fire under oil stocks, sign up for Growth Investor now. I’ll send you my special report called 5 Stocks for the New Oil Age, which reviews the three big catalysts, as well as five oil companies that perfectly positioned from the oil boom.

I’ll also send you three other special reports – 10 Stocks to Sell in the New American Age, which details the 10 companies that I think are immediate sells, as well as 3 Income Opportunities for the New American Age and The Best Gold Play for the New American Age. I believe that the information in these reports will allow you to protect your wealth in the days to come.

I should also add that if you choose to become a member of Growth Investor today, you’ll be just in time to receive my Growth Investor Monthly Issue for July right off the presses. In this Monthly Issue, we’ll consider the recent inflation data, the Federal Reserve’s reaction to inflationary pressures and the threat of recession here in the U.S. I’ll also reveal three new additions to the Growth Investor Buy Lists that not only have strong forecasted earnings growth but have also benefitted from positive analyst estimates and persistent institutional buying pressure.

For full details, click here.

Sincerely,

Signed:

Louis Navellier

The Editor hereby discloses that as of the date of this email, the Editor, directly or indirectly, owns the following securities that are the subject of the commentary, analysis, opinions, advice, or recommendations in, or which are otherwise mentioned in, the essay set forth below:

BP p.l.c. (BP), Shell plc (SHEL)

Why I Remain Bullish on the Energy Sector

The algorithms that control trading on Wall Street finally hit the energy sector. And quite frankly, it’s been ugly. The folks at Bespoke noted that the Energy Select Sector SPDR Fund (XLE), which tracks energy stocks, fell about 22% from its high of $93.31 on June 8 to $73.49 by last Friday’s close. Since 1990, the energy sector has only experienced a more than 20% drop in eight trading days in October 2008 and March 2020.

But I’m not worried.

Oscillations like this are normal and overly exaggerated by the algorithms.

So, in today’s Market360, we’re going to take a look at some of the current concerns for the energy market… and I’ll share why I still think this is a great place to put our money in the current market environment.

Biden’s Plea to Big Oil

The Biden administration recently sent a letter to seven major oil companies, including Exxon Mobil Corporation (XOM), BP plc (BP), Shell plc (SHEL) and Valero Energy Corporation (VLO). The letter called for “immediate actions” to supply more fuel and said his administration was prepared to use “all reasonable and appropriate” tools help boost the fuel supply.

President Biden asked refiners to explain why they had shut down some plants that make fuel. The Biden administration argued that these closures have contributed to “an unprecedented discount between the price of oil and the price of gas.”

The letter from Biden concluded by saying, “But at a time of war, refinery profit margins well above normal being passed directly onto American families are not acceptable.”

The President of the American Petroleum Institute (API), Mike Sommers, said that the API welcome the opportunity to “open increased dialogue with the White House,” but then added that the Biden administration’s “misguided policy agenda shifting away from domestic oil and natural gas has compounded inflationary pressures and added headwinds.”

The API added that U.S. refineries were currently operating close to capacity and fuel production was near the top of the five-year range.

The Wall Street Journal subsequently had an excellent article about how high U.S. exports of refined fuels to Latin America and other markets have contributed to higher prices at the pump, especially diesel fuel, which the U.S. has been exporting for decades.

The truth of the matter is that a barrel of crude oil that is refined typically makes 19 gallons of gasoline, 12 gallons of diesel and other distillates, like kerosene, jet fuel and fuel oil.  The U.S. refining industry has always made more diesel than it needs, so it has been exporting distillates like fuel oil and diesel to Latin America for decades.

Now the Biden administration is implying that these fuel exports are responsible for the higher prices at the pump, but this is extremely misleading.

In fact, the Biden administration’s new press secretary, Karine Jean-Pierre, recently said that the U.S. does not need to drill for more crude oil but merely to boost its refining output to lower the prices at the pump.

Then this week to try and curb the pinch at the pump, Biden suggested a gas tax holiday. If passed, it would drop the cost per gallon about 18 cents (24 cents for diesel)… but there is no guarantee that the saving will be passed on to the consumer.

The fact is folks, even with current spike in gas prices, demand hasn’t gone down… at least not yet.

And that’s great news for our energy stocks…

Oil and Energy Remain A Strong Buy

Here’s the reality: We’re swiftly coming up on the second-quarter earnings season, and the energy sector is shaping up to be the biggest winner. According to FactSet, the S&P 500 energy sector’s earnings are anticipated to increase 213.1% year-over-year. 18 of the 20 companies in the energy sector have seen an increase in their average earnings per share.

Right now, markets are anticipating lower oil demand, but the oil companies continue to boast strong operating margins, which is why I expect them to report record earnings in the coming quarter. Wall Street typically rewards companies that post strong earnings and sales results, so I fully expect energy companies’ stock to be dropkicked and driven higher in the wake of their better-than-expected earnings reports.

That’s why in this Friday’s Growth Investor Monthly Issue for July my Top 5 Stocks list is chock-full of energy stocks.

Now, I should also add that I expect all of my Growth Investor stocks to do well in the upcoming weeks. The fact of the matter is these stocks are characterized by 61.6% annual sales growth and 429.2% annual earnings growth yet are trading at only 8.5 times median forecasted earnings!

On top of my Top 5 Stocks list in this month’s issue, I am adding three exciting new stocks. These companies not only have strong forecasted earnings growth but have also benefited from positive analyst estimates and persistent institutional buying pressure.

I’m keenly aware of the rampant recession fears as the Treasury yield curve briefly inverted and the Fed, plus other central banks, has had to raise key interest rates, and that’s spooked investors.

But the fact is my Growth Investor stocks are poised to profit from all the inflation chaos, since we are loaded with energy, fertilizer, food, shipping and specialty semiconductor stocks. These stocks are an oasis for investors seeking steady sales and earnings growth.

As I said, I’m releasing three brand-new recommendations tomorrow that stand to do well in this inflationary environment.

To access the issue as soon as it is released, simply click here to join me at Growth Investor today.

Sincerely,

Signed:

Louis Navellier

The Editor hereby discloses that as of the date of this email, the Editor, directly or indirectly, owns the following securities that are the subject of the commentary, analysis, opinions, advice, or recommendations in, or which are otherwise mentioned in, the essay set forth below:

BP plc (BP), Shell plc (SHEL), Valero Energy Corporation (VLO)

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