Millionaire investor — and Republican donor — Louis Navellier is convinced Donald Trump is going to win the election, as long as he’s allowed to run.
“It’s almost a foregone conclusion at this point,” Navellier said in a recent sit-down. “Every analyst I respect is projecting a Trump win. All the major polls says so too. And my experience tells me it’s practically a lock.”
But Navellier is no longer focused on what’s happening in November. It’s what happens on Trump’s first day in office in January that has his attention.
And he believes Trump first act will be to issue an executive order that will overturn Biden’s biggest mistake.
No, Navellier isn’t talking about Hunter Biden, the Ukraine War or Israel. He’s not even talking about our border or inflation. In fact, Louis believes this first executive order will shock even Trump’s most die-hard supporters.
Navellier — who dines at Mar-a-Lago quite often — says Trump is “all about business.” And when he returns to the Oval Office, his first act could be rocket fuel for the stock market.
Specifically, he believes this move by Trump could actually start the next phase of the AI boom. And hand massive gains to a small subset of AI stocks. In fact, a second Trump presidency may be the best thing to happen to the AI industry.
Very few people realize this, mostly because of the media’s downright dishonesty when it comes to covering the former President’s many accomplishments, but Trump may actually be the best friend of the AI industry.
Trump’s fingerprints are all over the current AI boom. His Executive Order #13,859 doubled AI research investment. It created the world’s first regulatory environment for AI. Trump also agreed to make more government data available for machine learning and AI.
Bringing order to the market allowed giant companies like Microsoft to plan and invest in future projects. Private AI investment jumped.
This Executive Order is what created the environment for ChatGPT’s owner OpenAI to get funding from Microsoft — starting with $1 billion in 2019. Since the AI chatbot’s release in November 2022, Microsoft’s stock has nearly doubled. And AI chipmaker Nvidia — whose hardware was behind ChatGPT — has risen 650%.
On top of that, Trump even helped create the world’s most powerful supercomputer. Called Summit, and built by the Department of Energy at its famed Oak Ridge Lab, this supercomputer is eight times faster than the previous version.
It can process a mind-boggling 200,000 trillion calculations per second. And it was launched by Trump and Secretary of Energy Rick Perry in 2018. From day one, it’s been used for deep cancer research and genetics problem solving. It’s calculating the distance of galaxies and stars we’ve never even considered. And it’s helping solve some of the biggest problems in AI.
But according to Louis Navellier, this is just the beginning. And when Trump takes office again next January, his first executive order could launch the next phase of the AI boom.
Louis mentioned six specific stocks he thinks could soar when Trump takes office. But if the polls keep going the way they are, Navellier believes these stocks could take off long before the election.
Click here to find out more about these promising AI stocks.
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In Growth Investor, we focus on today’s best mid- to large-cap stocks from a variety of sectors. The Buy List contains specific Buy Below prices and is always sorted into 3 categories of portfolio risk–Conservative, Moderately Aggressive or Aggressive–so you can buy according to your personal risk tolerance. Louis Navellier has been involved in the investing world for over 30 years. Since founding their research firm 45 years ago, their elite group has been responsible for accurately forecasting many of the world’s most innovative technological trends and breakthroughs long before they achieved mainstream acceptance.
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