The following is provided by Navellier with technical comment from South Ocean Management – pls do your own due diligence.
(For this 2020 year, SOM will track only the Top 5 Hi-Growth Investments.)

https://navelliergrowth.investorplace.com/

Navellier says,

High-Growth Investments

Arch Capital Group Ltd.

Originally founded as Risk Capital Holdings, Inc. back in 1995, Arch Capital Group Ltd. (ACGL) started by offering reinsurance underwriting and strategic insurance investments. However, after the company’s name change in 2000, Arch Capital Group initiated a new underwriting strategy in 2001 to better meet the needs of the insurance and reinsurance markets around the world.

Today, Arch Capital Group is a global leader in providing property, casualty and mortgage insurance and reinsurance products. While the company is primarily based in Bermuda, it has operations in Australia, Europe and North America. And in the first nine months of 2019, Arch Capital Group had nearly $32 billion in total assets.

Arch Capital Group’s operating income has continued to steadily climb over the years, rising 103% from $447.2 million in 2017 to $909.2 million in 2018. We’ll have a clearer picture of the company’s operating earnings in 2019 in a couple weeks, but based on results from the first nine months, full-year operating income is expected to surpass the $1 billion mark.

Arch Capital Group plans to announce fourth-quarter and full-year 2019 results after the stock market closes on February 11. Fourth-quarter earnings are expected to soar 47.8% year-over-year to $0.68 per share, up from $0.46 per share in the same quarter a year ago. Analysts have lowered earnings per share forecasts over the past three months, but the firm has posted a positive earnings surprise in each of the last four quarters. ACGL is a Conservative buy below $47.

SOM Technicals:

10-25-19: Closed at 40.80. Trade pressures are up but turning down. Volumes are Neutral. At the 39.05 target levels and in consolidation.

11-2-19: Closed at 41.82. Trade pressures are up. Volumes are bullish. At weekly resistances.

11-9-19: Closed at 40.58. Trade pressures are down. Volumes are bearish. The next target down is 38.93.

11-16-19: Closed at 40.63. Trade pressures are down but rising. Volumes are bearish. In the down trend. The next target down is 39.25.

11-22-19: Closed at 47.08. Trade pressures are down into the neutral zone. Volumes are bearish. In the move down. The next target down is 39.25.

11-30-19: Closed at 41.97. Trade pressures are up. Volumes are bullish. In the move p after a 5% pullback.

12-7-19: Closed at 41.18. Trade pressures are up. Volumes are neutral. In the new move up from the 41.39 level.

12-12-19: Closed at 41.75. Trade pressures are up. Volumes are bullish. Rallying inside the move down.

12-21-19: Closed at 42.67. Trade pressures are up but extended. Volumes are bullish. The weekly has turned up.

1-4-20: Closed at 43.35. Trade pressures are up. Volumes are bullish. The next target up is 44. 38. 

1-18-20: Closed at 45.17. Trade pressures are up. Volumes are bullish. In the new move up from the 44.38 level.

1-25-20: Closed at 44.99. Trade pressures are up but declining. Volumes are bullish. Support is at 43.49.

1-31-20: Closed at 44.16. Trade pressures are down.  Volumes are bearish. The next target down is 41.55.

2-7-20: Closed at 46.15. Trade pressures are up. Volumes are bullish. At the 61% target. The next target up is 50.88.

2-16-20: Closed at 47.68. Trade pressures are up but turning down. Volumes are bullish. The next target up is 50.88.

2-23-20: Closed at 47.12. Trade pressures are up but have made a bearish reversal. Volumes are now bearish. Support is at 46.

 

Copart, Inc.

Copart, Inc. (CPRT) was originally founded as a vehicle salvage yard in California back in 1982, but the entrepreneurial spirit of the company’s owner, Willis J. Johnson, ensured that the company evolved with the times. In fact, as the dot.com era was heating up in the mid-1990s, Copart launched its own website in 1996. By 2003, Copart offered the first online auto auction site.

Today, Copart is still focused on the sale of salvage vehicles from rental car companies, insurance companies, charities, local municipalities and financial organizations. The company’s inventory is kept on more than 8,000 acres of land, and more than 175,000 vehicles are up for auction each day. Copart sells more than two million vehicles every year.

Copart is expected to release earnings and sales for its second quarter in fiscal year 2020 in mid-February. The current consensus estimate calls for earnings of $0.66 per share, or 26.9% annual earnings growth, and revenue of $575.94 million. Analysts have also increased earnings forecasts over the past three months, so a fifth-straight quarterly earnings surprise is likely. CPRT is a Conservative buy below $109.

SOM Technicals:

11-22-19: Closed at 89.26. Trade pressures are up. Volumes are neutral. In the uptrend. The next target up is 95.56.

11-30-19: Closed at 89.00. Trade pressures are up but declining. Volumes are neutral. The next target up is 94.81.

12-7-19: Closed at 88.58. Trade pressures are in the neutral zone. Volumes are bearish. Still in the uptrend.

12-12-19: Closed at 88.62. Trade pressures are up. Volumes are neutral.. The next target up is 94.81.

12-21-19: Closed at 90.72. Trade pressures are down into the neutral zone. Volumes are bullish. the next target up is 94.81.

1-4-20: Closed at 92.66. Trade pressures are up. Volumes are bullish. The next target up is 94.81.

1-18-20: Closed at 97.12. Trade pressures are up but turning down. Volumes are bullish. Consolidating at the 84.81 target.

1-25-20: Closed at 100.29. Trade pressures are up. Volumes are bullish. The next target up is 108.17.

1-31-20: Closed At 101.46. Trade pressures are up but declining. Volumes are bearish. Still in the move up. 98.97 would trigger a sell.

2-7-20: Closed at 102.58. Trade pressures are up but diverging. Volumes are bullish. A close below 98.97 would signal lower.

2-16-20: Closed at 103.25. trade  pressures are down into the neutral zone. Volumes are bullish. A close below 98.97 would signal lower.

2-23-20: Closed at 95.25. Trade pressures are down. Volumes are neutral. The downside target at 90.82 held as support. The next target down is 90.82.

 

 

NextEra Energy, Inc.

NextEra Energy, Inc. (NEE) had humble beginnings back in 1925 as the Florida Power & Light Company. It started operations with laundry services, ice companies and an ice cream business, as well as power plants, gas plants and water facilities. Today, NextEra Energy is a leading energy company, with two electric companies in Florida, a renewable energy business (wind, sun and battery storage) and eight nuclear power units.

The company posted fourth-quarter 2019 results on January 24. Fourth-quarter adjusted earnings came in at $706 million, or $1.44 per share, which was down from $718 million, or $1.49 per share, in the same quarter a year ago. That fell short of analysts’ estimates for $1.49 per share.

NextEra Energy also reported full-year 2019 adjusted earnings of $4.06 billion, or $8.37 per share, representing 10.6% annual earnings growth. Thanks to the strong financial and operational performance in 2019, NextEra Energy expects 2020 adjusted earnings per share between $8.70 and $9.20, or 3.9% to 10% annual earnings growth. NEE remains a Conservative buy below $286.

SOM Technicals:

6-28-19: Closed at 204.86. Trade pressures are down into the neutral zone. Volumes are bearish. The support level is 201, the uptrend stop line.

7-8-19: Closed at 208.11. Trade pressures are in the neutral zone. Volumes are bullish. The next target up is 211. 41.

7-13-19: Closed at 209.42. Trade pressures are up. Volumes are bullish. Consolidating above the 203.88 target.

7-19-19: Closed at 209.73. Trade pressures are up. Volumes are bullish. The next target up is 215.71.

7-28-19: Closed at 209.17. Trade pressures are down into the neutral zone. Volumes are bearish. Support is at 203.72.

8-3-19: Closed at 211.41. Trade pressures are in the neutral zone. Volumes are bullish. Still in the move up and at the 25×5 MA as support.

8-10-19: Closed at 216.40. Trade pressures are neutral. Volumes are bullish. At the 215.71 upside target , expect some consolidation here.

8-17-19: Closed at 217.53. Trade pressures rising in the neutral zone. Volumes are bullish. The next target up is 228.04.

8-25-19: Closed at 221.90. Trade pressures are up. Volumes are bearish. Next target up is 228.04.

8-31-19: Closed at 219.08. Trade pressures are up but turning down. Volumes are bearish. Support at 216. 25.

9-7-19: Closed at 220.14. Trade pressures are down into the neutral zone. Volumes are neutral. support is at the 215.71 prior upside target .

9-14-19: closed at 216.19. Trade pressures are down. Volumes are bearish. At the 25x5MA support line now at 219.84.

9-20-19: Closed at 225.72. Trade pressures are up. Volumes are bullish. New cup and handle with the next target up at 228.04.

9-28-19: Closed at 231.26. Trade pressures are up. Volumes are bullish. 233.27 is the next target up.

10-4-19: Closed at 233.59. Trade pressures are up. Volumes are bullish. At the 233.27 target, expect consolidation.

10-18-19: Closed at 232.48. Trade pressures are up into the neutral ,zone. Volumes are bullish. 233.27 is the next target up, very near.

10-25-19: Closed at 236.88. Trade pressures are up. Volumes are neutral. just above the 233.37 target and in consolidation.

11-2-19: Closed at 235.71. Trade pressures are down into the neutral zone. In consolidation at the 233.27 upside target.

11-919: Closed at 222.08. Trade pressures are down. volumes are bearish. The next target down is 219.74.

11-16-19: Closed at 231.42. Trade pressures are rising in the neutral zone. Volumes are bullish. rising into the 25×5 MA. Expect resistance here.

11-22-19: Closed at 233.38. Trade pressures are up. Volumes are bullish. Consolidating around the 228 target level.

11-30-19: Closed at 233.82. Trade pressures are up but declining. Volumes are neutral. Consolidating at the 228.04 target level.

12-7-19: Closed at 234.39. Trade pressures are up. Volumes are bullish. No direction just to the right.

12-12-19: Closed at 236.95. Trade pressures are up but declining. Volumes are bullish. The next long entry is 238.39.

12-21-19: Closed at 242.71. Trade pressures are up. Volumes are bullish. In the new move up. The next target up is 267.08.

1-4-20: Closed at 240.32. Trade pressures are down. Volumes are bearish. In a retracement move down to the 233 target.

1-18-20: Closed at 253.34. Trade pressures are up and extended. Volumes are bullish. The next target up is 267.08.

1-25-20: Closed at 263.70. Trade pressures are up and trending. Volumes are bullish. The next target up is 267.08.

1-31-20: Closed at 268.05. Trade pressures are up. Volumes are bullish. At the 267.08 target, expect consolidation.

2-7-20: Closed at 269.54. Trade pressures are up but turned down. Volumes are bullish. Consolidating around the 267.08 target.

2-16-20: Closed at 278.52. Trade pressures are up. Volumes are bullish. The next target up is 296.77.

2-23-20: Closed at 277.58. Trade pressures are up but have turned down. Volumes are bullish. The next target up is 296.77.

 

 

S&P Global, Inc.

S&P Global, Inc. (SPGI) has a history that dates all the way back to 1860 when Henry Varnum Poor introduced the first guide to investing in the U.S. railroad industry. Then in 1941, Poor’s Publishing Co. merged with Standard Statistics Co., creating Standard & Poor’s. The company was acquired by McGraw-Hill in 1966, and it wasn’t until 2016 that the company changed its name to S&P Global.

Today, S&P Global is known for providing vital financial information. With multiple divisions, including S&P Market Intelligence, S&P Global Ratings, S&P Dow Jones Indices and S&P Global Platts, the company has flourished into a leading provider of credit ratings, and it is relied on for data and custom indices.

S&P Global will provide earnings results for its fourth quarter on Thursday, February 6, before the stock market opens. The analyst community is looking for earnings of $2.43 per share, or 9.5% annual earnings growth. Analysts have increased earnings estimates over the past two months, which bodes well for another quarterly earnings surprise.

The company also announced this week that it was upping its quarterly dividend by 17.5%. S&P Global will pay a quarterly dividend of $0.67 per share, up from $0.57 per share, on March 11. All shareholders of record on February 26 will receive the dividend. The stock has a 0.9% dividend yield. SPGI is a Conservative buy below $314.

SOM Technicals:

12-21-19: Closed at 271.66. Trade pressures are rising into the neutral zone. Volumes are bearish. The next target up is 284.50.

1-4-20: Closed at 276.91. Trade pressures are up. Volumes are bullish. The next target up is 296.

1-18-20: Closed at 296.79. Trade pressures are up. Volumes are bullish. The next target up is 303.26.

1-25-20: Closed at 294.83. Trade pressures are up but declining. Volumes are neutral. 25×5 support is at 283.52.

1-31-20: Closed at 293.73. Trade pressures are down. Volumes are bearish. The next target up is 303.26.

2-7-20: Closed at 295.48. Trade pressures are rising into the neutral zone. Volumes are bearish. The next target up is 303.26. Support is at 286.

2-16-20: Closed at 307.65. Trade pressures are up. Volumes are bullish. At the 303.26 target.

2-23-20: Closed at 293.25. Trade pressures are down. Volumes are bearish. The next target down is 283.00

 

Teledyne Technologies, Inc.

Teledyne Technologies, Inc. (TDY) is making its first appearance on the Top 5 Stocks list, as we added the stock to the Buy List in the January 2020 Monthly Issue. You may recall that Teledyne Technologies started operations in the semiconductor industry. Today, the company provides digital imaging sensors, as well as cameras and other systems, that are used by several markets, including aerospace and defense, environmental monitoring, electronics design, deepwater oil and gas exploration, medical imaging and pharmaceutical research.

On January 22, Teledyne Technologies revealed record earnings and sales results for its fourth quarter. The company reported fourth-quarter sales of $834.2 million and earnings of $115.7 million, or $3.06 per share, which represented 11.5% annual sales growth and 25% annual earnings growth. Analysts were expecting earnings of $2.74 per share, so TDY posted an 11.7% earnings surprise.

For fiscal year 2019, Teledyne Technologies also broke sales and earnings records. Full-year earnings came in at $402.3 million, or $10.73 per share, and sales were $3.16 billion. That translated to 20.5% annual earnings growth and 9% annual sales growth. Thanks to the robust results, analysts have increased earnings forecasts for fiscal year 2020. TDY is a Conservative buy below $391.

SOM Technicals:

1-31-20: Closed at 365.06. Trade pressures are don. Volumes are bearish. First support is at 340.

2-7-20: Closed at 384.24. Trade pressures are up. Volumes are bullish. The next target up is 429.

2-16-20: Closed at 389.46. Trade pressures are up. Volumes are bullish. The next target up is 429.

2-23-20: Closed at 385.66. Trade pressures are down into the neutral zone. Volumes are bearish. Support is at the 379.94, the 25×5 MA.