The following is provided by Navellier with technical comment from South Ocean Management – pls do your own due diligence.

(For this 2022 year, SOM will track the Top 5 Hi-Growth Investments.)

https://navelliergrowth.investorplace.com/

High-Growth Investments

CF Industries Holdings, Inc.

CF Industries Holdings, Inc. (CF) is a leading fertilizer company here in the U.S., so it has not only benefited from increased demand domestically but also internationally. You may recall that the Russia-Ukraine war has created a strain on fertilizer supplies, as Russia is one of the top fertilizer producers globally – and sanctions against the country have left others scrambling for alternative sources.

The analyst community anticipates that CF Industries business has prospered in this environment. For the third quarter, earnings are expected to surge to $3.31 per share, up from a $0.86 per share loss in the same quarter a year ago. Third-quarter revenue is forecast to come in at $2.39 billion.

I should add that CF Industries will pay a fourth-quarter dividend of $0.40 per share on November 30. All shareholders of record on November 11 will receive the dividend. The stock has a 1.5% dividend yield. CF is a Conservative buy below $118.

SOM Technicals:

8-27-22: Closed at118.35. Trade pressures are up. Volumes are bullish. The next target up is 122.83 with support at 114.80.

9-2-22: Closed at 106.86. Trade pressures are up into the neutral zone. Volumes are bullish. The next target down is 98.40.

9-9-22: Closed at 102.46. Trade pressures are down. Volumes are now neutral. The next target down is 98.40.

9-16-22: Closed at 98.59. Trade pressures are down. Volumes are now bullish. The next target down is 85.29.

9-23-22: Closed at 93.79. Trade pressures are down. Volumes are are now neutral. The next target down is 85.29.

10-01-22: Closed at 96.25.Trade pressures are down into the neutral zone. Volumes are bearish. The next target down is 85.29.

10/8/22; closed at 104.80. Trade pressures are up. Volumes are bullish. The next target up is 109.45

10-16-22: Closed at 98.04. Trade pressures are down. Volumes are bearish. The next target down is the the 200 day MA at 92.26.

10-22-22: Closed at 107.32. Trade pressures are up. Volumes are bullish. The next target up is 110.46.

10-29-22: Closed at 105.71. Trade pressures are up but declining. Volumes are now bearish. the next target down is 103.74.

11-5-22: Closed at 105.38. Trade pressures are up. Volumes are now neutral. The next target up is 115.23.

11-11-22: Closed at 102.82. Trade pressures are down. Volumes are bearish. The next target down is 95.90.

 

Devon Energy Corporation

Devon Energy Corporation (DVN) is a leading producer of oil and natural gas in the U.S., with operations in the Anadarko Basin, the Delaware Basin, Eagle Ford, the Powder River Basin and the Williston Basin. Production in the Delaware Basin has been particularly lucrative for the company, as it’s boosted Devon Energy’s overall production and bottom line in the first two quarters of the year.

Devon Energy will release third-quarter results after the stock market closes on Tuesday, November 1 – and analysts expect strong production numbers to again support stunning bottom-line growth. Third-quarter earnings are forecast to nearly double year-over-year to $2.13 per share, up from $1.08 per share in the same quarter a year ago. Revenue is expected to rise 41.7% year-over-year to $4.91 billion.

Now, Devon Energy is a High-Growth Investment and an Elite Dividend Payer because it offers the ideal mix of growth and income. The company has more than doubled its annualized dividend to $3.82 per share in 2022, up from $1.86 per share in 2021. The stock has an 8.1% dividend yield. DVN is a Moderately Aggressive buy below $86.

SOM Technicals:

5-1-22: Closed at 58.17. Trade pressures are up. Volumes are bearish. The next target down is 55.44.

5-6-22: Closed at 69.69. Trade pressures are up. Volumes are bullish. The next target up is 70.97.

5-14-22: Closed at 68.60. Trade pressures are up. Volumes are bullish. The next target up is 69.75.

5-21-22: Closed at 68.92. Trade pressures are down into the neutral zone. Volumes are bullish. The next target up is 73.18.

5-29-22: Closed at 75.85. Trade pressures are up. Volumes are Bullish. The next target up is 79.23.

6-05-22: Closed at 77.02. Trade pressures are up. But rolling over. Volumes are bullish. The next target up is 88.63.

6-11-22: Closed at 73.75. Trade pressures are down. Volumes are neutral. The next target down is 69.38.

6-18-22: Closed at 58.02. Trade pressures are down. Volumes are bearish. The next target down is 51.12.

6-25-22: Closed at 53.77. Trade pressures are down. Volumes are bearish. The next target down is 51.68.

7-2-22: Closed at 56.11. Trade pressure are in the neutral zone. Volumes are neutral. The next target down is the 200 day MA at 52.38.

7-9-22: Closed at 54.47. Trade pressures are up into the neutral one. Volumes are neutral. The next target up is 59.82.

7-30-22: Closed at 62.85. Trade pressures are up. Volumes are bullish. The next target up is 70.78.

8-6-22: Closed at 56.66. Trade pressures are down but rising. Volumes are bullish. The next target up is 59.82.

8-12-22: Closed at 65.56. Trade pressures are up. Volumes are bullish. The next target up is 70.78.

8-21-22: Closed at 68.51. Trade pressures are up. Volumes are now bearish. The next target down is 64.92.

8-27-22: Closed at 72.77. Trade pressures are up. Volumes are bullish. The next target up is 75.96.

9-2-22: Closed at 70.34. Trade pressures are down but rising. Volumes are now neutral. The next target down is 67.63.

9-9-22: Closed at 68.91. Trade pressures are down but rising. Volumes are now neutral. The next target up is71.72.

9-16-22: Closed at 66.82. Trade pressures are down. Volumes are bearish. The next target down is 60.00.

9-23-22: Closed at 57.69. Trade pressures are down. Volumes are now neutral. The next target down is 56.40.

10-1-22: Closed at 60.13. Trade pressures are now up. Volumes are neutral. The next target up is 62.26.

10-8-22: Closed at 72.04. Trade pressures are up and trending. Volumes are bullish. The next target up is 81.17.

10-16-22: Closed at 68.02. Trade pressures are up into the neutral zone. Volumes are bearish. The next target up is the retest of 71.23.

10-22-22: Closed at 74.29. Trade pressures are up. Volumes are bullish. The next target up is 81.17.

10-29-22: Closed at 76.01. Trade pressures are up but declining. Volumes are bullish. The next target up is 81.17.

11-5-22: Closed at 71.48.. Trade pressures are up into the neutral zone. Volumes are neutral. The next target up is the prior high at 78.82.

11-11-22: Closed at 71.80. Trade pressures are up. Volumes are bearish. The next target down is 63.55.

 

Marathon Oil Corporation

Marathon Oil Corporation (MRO) is primarily an oil production company, with operations (facilities and wells) in the top four oil-producing basins in the U.S.: Eagle Ford, Bakken, STACK/SCOOP and the Permian Basin. The company also has natural gas operations in Equatorial Guinea where it focuses on the liquification of natural gas, methanol production and LPG processing.

Marathon Oil has topped analysts’ estimates in each of the last four quarters, and the company could be gearing up for another blowout report next week. The company will announce third-quarter results on November 3, with the analyst community expecting earnings to soar 210.3% year-over-year to $1.21 per share. Revenue is forecast to grow 55% year-over-year to $2.04 billion.

Thanks to its consistently strong fundamentals, Marathon Oil has been able to reward its shareholders with dividends for seven-straight quarters. The company will pay a fourth-quarter dividend of $0.09 per share on December 9. All shareholders of record on November 17 will receive the dividend. The stock has a 1.1% dividend yield. MRO is a Moderately Aggressive buy below $34.

SOM Technicals:

3-26-22: Closed at 26.04. Trade pressures are up. Volumes are bullish. In consolidation. A close below 25.00 would signal lower.

4-2-22: Closed at 25.75. Trade pressures are up into the neutral zone, Volumes are bullish. The next target up is 26.22, the prior high.

4-10-22: Closed at 25.92. Trade pressures are up. Volumes are bullish. The next target up is 26.40 the prior high.

5-1-22: Closed at 24.92. Trade pressures are up. Volumes are neutral. The next target up is 27.27.

5-6-22: Closed at 28.15. Trade pressures are up. Volumes are bullish. The next target up is 29.00.

5-14-22: Closed at 27.00. Trade pressures are up. Volumes are bullish. The next target up is 27.35.

5-21-22: Closed at 27.26. Trade pressures are down but turning up. Volumes are bullish. The next target up is the 28.44 resistance.

5-29-22: Closed at 31.24. Trade pressures are up. Volumes are bullish. The next target up is 34.09.

6-05-22: Closed at 31.60. Trade pressures are up but rolling over. Volumes are bullish. A break below 30.58 would signal lower.

6-11-22: Closed at 30.10. Trade pressures are down. Volumes are bearish. The next target down is 27.90.

6-18-22: Closed at 24.15. Trade pressures are down. Volumes are bearish. The next target down is 20.39.

6-25-22: Closed at 22.05. Trade pressures are down. Volumes are bearish. The next target down is 20.62.

7-2-22: Closed at 22.56. Trade pressures are in the neutral zone. Volumes are neutral. The next target down is 20.90.

7-9-22: Closed at 21.72. Trade pressures are up into the neutral zone. Volumes are neutral. The next target up is 24.55.

7-30-22: Closed at 24.80. Trade pressures are up. Volumes are bullish. The next target up is 28.90.

8-6-22: Closed at 21.77. Trade pressures are down. Volumes are bearish. The next target down is a retest of the low at 19.42.

8-12-22: Closed at 24.06. Trade pressures are up. Volumes are bullish. The next target up is 28.90.

8-21-22: Closed at 24.46. Trade pressures are up. Volumes are bullish. The next target up is 28.90. 

8-27-22: Closed at 26.16. Trade pressures are up. Volumes are bullish. The next target up is 28.90.

9-2-22 Closed at 25.71. Trade pressures are down but rising. Volumes are now neutral. The next target up is 28.90.

9-9-22: Closed at 25.61. Trade pressures are down but rising. Volumes are now neutral. The next target up is 27.55.

9-16-22: Closed at 23.10. Trade pressures are down. Volumes are now bullish. The next target up is 27.92.

9-23-22: Closed at 21.90. Trade pressures are down. Volumes are bearish. The next target down is 21.01.

10-1-22: Closed at 22.60. Trade pressures are rising into the neutral zone. Volumes are bearish. The next target down is a retest of the 21.01 level.

10-8-22: Closed at 27.94. Trade pressures are up. Volumes are bearish. At the upper bound of the pitchfork. A close below 27.20 would signal lower.

10-16-22: Closed at 27.05. Trade pressures are down into the neutral zone. Volumes are bullish. The next target down is the 25.45 new short entry.

10-22-22: Closed at 29.15. Trade pressures are up. Volumes are bullish. The next target up is 34.01, but at resistance now.

10-29-22: Closed at 30.16. Trade pressures are up but declining. Volumes are now neutral. The next target down is 27.84.

11-5-22: Closed at 32.03. Trade pressures are up. Volumes are bullish. The next target up is 34.01.

11-11-22: Closed at 32.88. Trade pressures are up into the neutral zone. Volumes are now neutral. The next target up is 33.42.

 

Petroleo Brasilero

Petroleo Brasilero (PBR), or Petrobras, has been a volatile position over the past month, given the ongoing election drama in Brazil. The oil and natural gas company also revealed earlier this week that its third-quarter production dipped 6.6% year-over-year to $2.644 million barrels of oil equivalent per day (Mboed). The decline was attributed to a natural dip in output at mature fields and the halt to operations at its FPSO Capixaba unit.

Looking forward, though, Petrobras expects to boost FPSO production, and it has new wells anticipated to be online in the fourth quarter. So, the company provided fourth-quarter production guidance of 2.6 Mboed. I should add the company achieved 2.65 Mboed in the second quarter and 2.83 Mboed in the first quarter, for an average of 2.7 Mboed in the first nine months of the year.

Analysts’ earnings estimates dipped slightly in the past week in the wake of the production report but are still 20% higher than they were two months ago. The current consensus estimate calls for earnings of $1.51 per share on $30.54 billion in revenue, which translates to 196.1% year-over-year earnings growth and 31.3% year-over-year revenue growth. PBR is a Conservative buy below $16.

SOM Technicals:

5-29-22: Closed at 14.29. Trade pressures are are down. Volumes are bearish. The next target down is 13.95.

6-05-22: Closed at 14.20. Trade pressures are rising into the neutral zone. Volumes are bearish. The next target down is 13.34.

6-11-22: Closed at 13.27. Trade pressures are down. Volumes are neutral. the next target down is 12.14.

6-18-22: Closed at 11.61. Trade pressures are down. Volumes are bearish. The next target down is 10.07.

10-1-22: Closed at 12.34. Trade pressures are down, but rising. Volumes are bullish. The next target up is 12.56.

10-8-22: Closed at 14.36. Trade pressures are up. Volumes are bullish. The next target up is 14.99.

10-16-22: Closed at 13.95. Trade pressures are up into the neutral zone. Volumes are now neutral. The next target up is a retest of 14.29.

10-22-22: Closed at 16.05. Trade pressures are up. Volumes are bullish. The next target up is 16.93.

10-29-22: Closed at 13.46. Trade pressures are down. Volumes are bearish. The next target down is 12.34.

11-5-22: Closed at 12.65. Trade pressures are down. Volumes are bearish. the next target down is 12.34.

11-11-22: Closed at 11.56. Trade pressures are down but rising. Volumes are neutral. The next target down is 10.97.

 

Sociedad Quimica y Minera de S.A.

Sociedad Quimica y Minera de S.A. (SQM) is based in Chile, and it primarily produces lithium, iodine potassium nitrate and thermos-solar salt. Its products are sold in more than 110 countries. The company’s nutrients and fertilizers to boost crop output and lithium for batteries have been in top demand, as Europe breaks away from Russian fertilizers and electric vehicles grow in popularity.

In fact, third-quarter earnings are forecast to surge 1,140% year-over-year to $3.10 per share, compared to $0.25 per share in the same quarter a year ago. Analysts have also increased third-quarter estimates by 5.1% in the past two months, which bodes well for a fifth-straight quarterly earnings surprise. SQM is a Moderately Aggressive buy below $114.

SOM Technicals:

7-30-22: Closed at 98.37. Trade pressures are up. Volumes are bullish. The next target up is 114.55.

8-6-22: Closed at 92.79. Trade pressures are down. Volumes are bearish. The next target up is 96.79.

8-12-22: Closed at 108.70. Trade pressures are up. Volumes are bullish. The next target up is 114.55.

8-21-22: Closed at 90.07. Trade pressures are down. Volumes are bearish. The next target up 93.58, the new long entry.

10-1-22: Closed at 90.75. Trade pressures are down but rising. Volumes are bearish. The next target up is 94.11.

10-8-22: Closed at 90.05. Trade pressures are down into the neutral zone. Volumes are bearish. The next target down is 78.98.

10-16-22: Closed at 93.57. Trade pressures are down. Volumes are bearish. The next target down is support at the low pivot at 80.25.

10-22-22: Closed at 94.08. Trade pressures are up. Volumes are bullish. The next target up is 98.59.

10-29-22: Closed at 95.16. Trade pressures are down into the neutral zone. Volumes are now neutral. The next target down is 89.98.

11-5-22: Closed at 96.70. Trade pressures are up. Volumes are bullish. The next target up is 98.59.

11-11-22: Closed at 111.20. Trade pressures are up. Volumes are bullish. The next target up is 116.94.