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/

High-Growth Investments

BioNTech

BioNTech (BNTX) shares have rallied impressively recently, rising 13% in the past month and 9% in the past week alone. The reality is that there’s been a lot of positive buzz surrounding the biotech company recently. You may recall that BioNTech developed a COVID-19 vaccine with Pfizer (PFE), and it has shipped more than 450 million doses of this vaccine around the world.

This week, New Zealand announced that it has granted provisional approval for the BioNTech-Pfizer vaccine for children aged 12 to 15 years of age. The vaccine was also approved by Switzerland for use in this age group at the beginning of the month. Clinical trials have shown that the vaccine has a 100% efficiency in this age group.

Given the success of its COVID-19 vaccine, BioNTech is looking to reward its shareholders further. The company revealed this week that it is considering a dividend as early as next year. BioNTech expects to determine the final dividend amount and distribution schedule at the company’s Annual General Meeting next year. In the meantime, BNTX is a Moderately Aggressive buy below $272.

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.

06-29-21: Closed at 228.43. Trade pressures are down. Volumes are bullish. Support is 221.21.

07-03-21: Closed at 224.00. Trade pressures are down. Volumes are neutral. The support level at 221 is holding.

07-10-21: Closed at 217.40. Trade pressures are up. Volumes are neutral. The next target u is the resistance at 224.16.

07-15-21: Closed at 221.08. Trade pressures are up. Volumes are bullish. The next target up is 252.78, the prior high.

 

Futu Holdings Limited

Futu Holdings Limited (FUTU) continues to earn a spot on the Top 5 Stocks list for its fourth-straight month, as the online brokerage and wealth management firm attracts more and more attention. Case in point, institutional investors have been loading up on the stock, as evidenced by its A Quantitative grade and thanks to its strong fundamentals.

Online trading platforms like Futu’s Futubull have grown in popularity over the past year amidst the rise in retail investors. In fact, the company experienced a 70% surge in users during the first quarter, with 14.2 million users worldwide now. Paying clients also soared, jumping 231% year-over-year to nearly 790,000.

But the company is far from sitting on its laurels. Futu has international expansion plans, and it added about 100,000 paying clients in Singapore in only three months. The company also recently noted that approximately one-fourth of its new paying clients in the first quarter were from Singapore and the U.S. As Futu continues to expand around the world, it should add nicely to the company’s top and bottom lines. FUTU is an Aggressive buy below $230.

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.

06-29-21: Closed at 177.60. Trade pressures are up. Volumes are bullish. the next target up is 178.47.

07-03-21: Closed at 162.20. Trade pressures are down. Volumes are bearish. The next target down  is 142.41.

07-10-21: Closed at 139.70. Trade pressures are down but rising.  Volumes are bearish. The next target down is 133.21.

07-15-21: Closed at 134.80. Trade pressures are down but rising. Volu mes are now neutral. The next target down is 103.39.

 

Generac Holdings, Inc.

Generac Holdings, Inc. (GNRC) is the number-one manufacturer of home backup generators, which are marketed under the Guardian brand. In addition to its home backup generators, the company also offers portable generators, pressure washers, water pumps, transfer switches and other parts and accessories. And the company has developed its own clean energy power storage system, PWRcell, that stores energy from solar panels or the electric grid.

Earlier this year, Generac unveiled the location of its first manufacturing plant and distribution facility outside of Wisconsin. The company is building a plant in Edgefield County, South Carolina, and it is expected to be operational in July. Company management stated, “With significant demand for Generac products across the country, we’re excited to expand our operation capacity to accommodate the increased interest in residential power systems.”

GNRC shares have been charging higher, up 21% in June, as strong residential demand for generators and other clean energy products have attracted investors’ attention and added to the company’s top and bottom lines. For the second quarter, earnings are forecast to jump 64.3% year-over-year to $2.30 per share, and sales are expected to increase 57.9% year-over-year to $863.41 million. GNRC is a Conservative buy below $439.

SOM Technicals:

06-29-21: Closed at 110.42. Trade pressures are up but declining. Volumes ae bullish. The next target up is 428.78.

07-03-21: Closed at 415.20. Trade pressures are up. Volumes are bullish. The next target up is 428.78.

07-10-21: Closed at 436.37. Trade pressures are up but pointing down. Volumes are bullish. The next target up is 462.36.

07-15-21: Closed at 432.86. Trade pressures are down into the neutral zone. The next target down is 418.65

 

Johnson Controls International

Johnson Controls International (JCI) was a new addition to the High-Growth Investments Buy List in the June Monthly Issue. If you recall, the company provides the building products, services, software and technology necessary to make buildings “smarter” and function better for the people who live, work, learn and play in them. JCI has more than four million customers in more than 150 countries, as well as operates in nearly 2,000 locations worldwide.

During its second quarter in fiscal year 2021, Johnson Controls reported adjusted earnings of $0.52 per share and total sales of $5.6 billion, which represented 24% year-over-year earnings growth and 3% year-over-year sales growth. The company also topped earnings estimates by 6.1%.

Thanks to the strong quarterly results and positive outlook, analysts have increased third-quarter estimates over the past few months. For its third quarter in fiscal year 2021, earnings are forecast to grow 23.9% year-over-year to $0.83 per share, and sales are expected to come in at $6.23 billion. JCI is a Conservative buy below $72.

SOM Technicals:

06-29-21: Closed at 68.24. Trade pressures are up. Volumes are bullish. The next target down is 62.82. the next target up is 68.33.

07-03-21: Closed at 69.18. Trade pressures are up. Volumes are bullish. The next target up is 75.00.

07-10-21: Closed at 70.06. Trade pressures are up. Volumes are bullish. The next target up is 75.12.

07-15-21: Closed at 70.12. Trade pressures are up but declining. Volumes are bullish. The next target up is 75.12.

 

Taiwan Semiconductor Manufacturing Company Limited

Taiwan Semiconductor Manufacturing Company Limited (TSM) was the topic of an interesting article in The Wall Street Journal recently. The article noted that the Taiwanese company is responsible for manufacturing nearly all of the world’s semiconductors, as billions of products utilize its chips. Capital Economics estimates that TSM makes approximately 92% of the most sophisticated chips in the world.

Companies like Apple and Qualcomm rely heavily on TSM to manufacture the semiconductors for their products. Consider this: TSM develops about 1.4 billion smartphone processors and approximately 60% of the microcontrollers necessary for automated vehicles.

So, it’s no wonder that the company continues to achieve double-digit earnings and sales growth. For the second quarter, the current consensus estimate calls for earnings of $0.91 per share on $13.05 billion in sales, or 16.7% year-over-year earnings growth and 25.6% year-over-year sales growth. Analysts’ earnings estimates have remained steady over the past few months, but TSM has a history of positive earnings surprises. TSM is a Conservative buy below $130.

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 up is 117.02.

06-29-21: Closed at 119.96. Trade pressures are up. Volumes are bullish. The next target up is 123.20.

07-03-21: Closed at 118.91. Trade pressures are down. Volumes are neutral. The next target down is 115.77.

07-10-21: Closed at 120.56. Trade pressures are up into the neutral zone. Volumes are bullish. The next target up is 120.97.

07-15-21: Closed at 117.53. Trade pressures are down. Volumes are bearish. The  next target down is 106.62.