The Irishman is known to be fond of the ITV show's novelty acts, with Jedward among his former clients.
And now he's keen to add North Weezy's number one rapper to his roster, telling Heat Magazine: "Well, I do like the crazy ones!"
Describing Honey as "so sellable", he continued: "I can see Honey G dolls, Honey G glasses and Honey G caps. She’s on the [X Factor] tour as well. She’s already a star."
Louis added that he reckons Honey will become a "household name", with or without his help.
"She came into my dressing room all the time and she worked so hard," he recalled.
"I think this will change her life forever, and she’ll make a lot of money."
Louis isn't the only X Factor judge that's backing Honey, as Simon Cowell has already signed her to his label.
She performed her debut single 'The Honey G Show' during the talent contest's grand final on Saturday. This sparked anger from some viewers, who accused her of stealing the limelight from the finalists.
Syco will release the track next Friday, 23rd December - less than two weeks after Matt Terry's winner's single.
Honey is thought to be the first contestant in X Factor history that didn't win to release music immediately after their series ended.