The following is provided by Navellier with technical comment from South Ocean Management – pls do your own due diligence.
(For this 2021 year, SOM will track only the Top 5 Hi-Growth Investments.)

https://navelliergrowth.investorplace.com/

Navellier says,

High-Growth Investments

BioNTech SE

BioNTech SE (BNTX) was a new addition to the High-Growth Investments Buy List in the May Growth Investor Monthly Issue. BioNTech is a biotechnology company that’s primarily focused on developing treatments for cancer. Since its founding in 2008, the company has developed more than 20 products and treated more than 440 patients with 17 different tumors.

Aside from its pipeline of cancer immunotherapies, BioNTech has also collaborated with Pfizer to develop vaccines using its mRNA platform for influenza and COVID-19. It recently announced that it will supply an additional 600 million doses of its COVID-19 vaccine to the European Union (EU). BioNTech has already shipped more than 450 million doses of its vaccine around the world, and it has agreements for more than 1.8 billion doses for 2021.

As a result, BioNTech recently posted blowout results for its first quarter in fiscal year 2021. Total sales surged to 2.05 billion euros, up from 27.7 million euros in the first quarter of 2020. First-quarter earnings per share came in at $5.35, which crushed analysts’ expectations for $3.76 per share by 42.3%.

Thanks to the stunning quarterly results, the analyst community has upped second-quarter earnings estimates by a whopping 204% in the past two months. Second-quarter earnings are now forecast to soar 2,122.2% year-over-year to $9.10 per share. BNTX is a Moderately Aggressive buy below $266.

SOM Technicals:

05-28-21: Closed at  204.00. Trade pressures are up. Volumes are bullish. The next target up is 213.15, the prior high.

06-05-21: Closed at 233.29. Trade pressures are up. Volumes are bullish. The next target up is 266.93.

06-10-21: Closed at 242.00. Trade pressures are up. Volumes are bullish. the next target up is 235.26

06=20-21: Closed at 211.96. Trade pressures are up into the neutral zone. Volumes are neutral. the next target up is 229.25.

 

Futu Holdings Ltd.

Futu Holdings Ltd. (FUTU), or the “Robinhood of China,” operates a brokerage and wealth management platform in Hong Kong and China, as well as in the U.S. The company has benefited immensely from a surge in retail investors over the past year. According to China Securities Depository and Clearing, there were 18.02 million new investors in China in 2020. That brought the total of Chinese investors to 177.77 million. And based on FUTU’s recent results, a lot of these new investors were trading stocks on online brokerage platforms.

FUTU added 273,000 paying users during its first quarter in fiscal year 2021, which brought its total paying client base to 790,000. That represents a 231% year-over-year increase. FUTU also noted that it now has about 1.96 million registered clients and a total of 14.2 million users.

First-quarter revenue soared 349.4% year-over-year to HK$2.2 billion, and adjusted earnings per share surged 634% year-over-year to HK$1.18 billion. In U.S. dollar terms, FUTU reported revenue of $283.6 million and earnings of $151.7 million. Earnings per ADS jumped 557% to $1.03. FUTU is an Aggressive buy below $193.

SOM Technicals:

03-27-21: Closed at 114.69. Trade pressures are down but rising. Volumes are bullish. The next target up is 131.56.

04-03-21: Closed at 153.60. Trade pressures are up. Volumes are bullish. The next target up is 186.42.

04-10-21: Closed at 156.70. Trade pressures are up. Volumes are neutral. The next target up is 186.42.

04-16-21: Closed at 153.01. Trade pressures are up into the neutral zone. Volumes are now neutral. Consolidating at the 153 target. 

04-24-21: Closed at 143.81. Trade pressures are up. Volumes are now neutral. The net target up is the 188.39 level. 

05-01-21: Closed at 148.78. Trade pressures are down into the neutral zone. Volumes are neutral. Support is at 129.10.

05-08-21: Closed at 130.00. Trade pressures are down. Volumes are bearish. At support. The 200 day MA is below at 76.79.

05-08-21: Closed at 118.89. Trade pressures are down but rising. Volumes are now neutral. The next target down is 73.77.

05-22-21: Closed at 123.99. Trade pressures are up but turning down. Volumes are bullish. The next target down is 73.77.

05.28-21: Closed at 142.27. Trade pressures are up. Volumes are bullish. The next target up is 158.46.

06-05-21: Closed at 154.70. Trade pressures are up. Volumes are bullish. The next target up is 188.10.

06-10-21: Closed at 142.99. Trade pressures are now down. Volumes are bearish. The next target down is 125.98.

06-20-21: Closed at 154.34. Trade pressures are up into  the neutral zone. Volumes are bullish. the next target up is 178.48.

 

Nio, Inc.

Nio, Inc. (NIO) is a Chinese company that develops electric vehicles (EVs) with the latest technologies in connectivity, autonomous driving and artificial intelligence. I’m convinced that NIO will eventually displace Tesla as the biggest manufacturer of EVs in China. Remember, the Chinese government has invested billions in NIO, so its success is virtually guaranteed.

Based on the company’s recent results, NIO is already starting to grab a bigger piece of the EV pie in China. NIO shipped a total of 20,060 vehicles during the first quarter, or a 422.7% year-over-year increase. Total first-quarter vehicle sales surged 498.8% year-over-year to $1.13 billion.

NIO also reported an adjusted first-quarter earnings loss of $0.04 per share and total revenue of $1.22 billion. The consensus estimate called for a first-quarter earnings per share loss of $0.16 and total revenue of $1.02 billion.

Looking forward to the second quarter, NIO expects to deliver between 21,000 and 22,000 vehicles, or a 103% to 113% year-over-year increase. Total second-quarter revenue is forecast to be between $1.24 billion and $1.30 billion, or 119% to 128.7% year-over-year revenue growth. NIO is an Aggressive buy below $52.

SOM Technicals:

05-01-21: Closed at 39.84. Trade pressures are down. Volumes are now bullish. Sitting on the 200 day MA at 36.30 as support.

05-08-21: Closed at 36.94. Trade pressures are down but rising. Volumes are bearish. Now at  the 20 day MA support levels.

05-14-21: Closed at 33.42. Trade pressures are down but rising. Volumes are bearish. The next target down is 30.71.

05-22-21: Closed at 34.06. Trade pressures are up. Volumes are bullish. Consolidating at the 200 day MA.

05-28-21: Closed at 38.62. Trade pressures are up. Volumes are bullish. The next target up is 46.93.

06-05-21: Closed at 41.94. Trade pressures are up but turning down. Volumes are now neutral. Support is at 39.14.

06-10-21: Closed at 42.75. Trade pressures are up but declining. Volumes are now neutral. The next target down is 35.82.

06-20-21: Closed at 46.91. Trade pressures are up but declining. Volumes are bullish. The next target up is 63.15.

RH

RH (RH), or Restoration Hardware, was also added to the High-Growth Investments Buy List in the May Monthly Issue. If you recall, the company offers luxury home furnishings, including furniture, rugs, lighting and textiles. And its business has been booming amidst the global pandemic with more folks at home nesting or remodeling their living spaces.

RH is expected to release results for its first quarter in fiscal year 2021 in early June, and it’s shaping up to be another record quarter for the company.

The current consensus estimate calls for earnings of $4.06 per share on $755.12 million in revenue, which represents 219.7% year-over-year earnings growth and 57.1% year-over-year revenue growth. Earnings estimates have also been revised 32.7% higher in the past three months, so a fifth-straight quarterly earnings surprise is likely. RH is a Moderately Aggressive buy below $743.

SOM Technicals:

05-28-21: Closed at 641.06. Trade pressures are up. Volumes are bullish. The next target up is 673.65.

06-05-21: Closed at 613.22. Trade pressures are down. Volumes are bearish. The next target down is 551.26.

06-10-21: Closed at 707.14. Trade pressures are up. Volumes are neutral, but high. The next target up is the prior high of 733.05.

06-20-21: Closed at 653.42. Trade pressures are in the neutral zone. Volumes are bearish. The next target down is 620.71.

 

Taiwan Semiconductor Manufacturing

Taiwan Semiconductor Manufacturing (TSM) is the largest contract semiconductor manufacturer in the world, as it holds approximately 56% of the foundry business for manufacturing chips. The company has big-name clients, like Apple and Qualcomm, and right now, it is profiting from the global chip shortage, which it anticipates will persist into 2022.

The relentless demand for semiconductors this year has driven stunning top- and bottom-line growth for TSM. During its first quarter in fiscal year 2021, TSM achieved earnings of NT$139.7 billion and revenue of NT$362.4 billion, which represented 19% year-over-year earnings growth and 17% year-over-year revenue growth.

In U.S. dollar terms, first-quarter earnings were $4.93 billion, and revenue was $12.92 billion. First-quarter earnings per ADR jumped 28% year-over-year to $0.96. The consensus estimate called for earnings of $0.95 per ADR and revenue of $12.86 billion, so TSM posted a 1.05% earnings surprise and a slight revenue surprise.

For the second quarter, TSM expects total revenue between $12.9 billion and $13.2 billion. That represents 24.3% to 27.2% year-over-year revenue growth—and the forecast is in line with analysts’ current estimates for $13.06 billion. TSM is a Conservative buy below $131.

SOM Technicals:

05-28-21: Closed at 117.36. Trade pressures are up. Volumes are bullish. the next target up is 132.75.

06-05-21: Closed at 119.51. Trade pressures are down into the neutral zone. Volumes are bullish. The next target up is 132.75.

06-10-21: Closed at 118.24. Trade pressures are just up and out of the neutral zone. Volumes are bullish. The next target up is 132.75.

06-20-21: Closed at 115.79. Trade pressures are down. Volumes are bearish. The next target down is 117.02.