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Pro Analysis

Top money manager Louis Navellier makes an earnings bet

Louis Navellier of Navellier & Associates
Adam Jeffery | CNBC
Louis Navellier of Navellier & Associates

Louis Navellier, whose CNBC's "Squawk Box" Platinum Portfolio is up 10 percent this year, sold out of Acuity Brands for the competition in favor of a stock he thinks will pop on earnings.

Navellier uses quantitative analysis to find stocks that have strong sales and positive earnings outlooks, but moderate price multiples.

Here's his new best investment idea: