Stock Picker Louis Navellier's 3 Best Stock Ideas
Navellier has three stocks for us. These stocks are from different sectors, but share one common trait.
I can't stand the suspense, Navellier, what are they?
- Winnebago (WGO)
- Sherwin Williams (SHW)
- Fomento Economico Mexicano (FMX)
What do they have in common? Strong sales growth, but even stronger earnings growth because margins are expanding.
Winnebago has a record order backlog that guarantees near-term earnings growth. A rebound in consumer confidence is a big help to them.
Sherwin Williams bought Cemex and is now enjoying the housing rebound not just domestically but also around the world.
Fomento Economico is a Coca-Cola bottler in Mexico and is enjoying rapid growth in a country that has the highest per capita consumption of soft drinks in the world.