High-Growth Investments
Agnico Eagle Mines Ltd.
Agnico Eagle Mines Ltd. (AEM) is a Canadian gold mining company that’s directly in line to benefit from rising gold prices. The fact is Agnico Eagle Mines is the third-largest gold producer in the world, with operations in not only Canada but also Australia, Finland and Mexico. And strong production from its mines added handsomely to its top and bottom lines in the most recent quarter.
In fact, the company produced 873,794 ounces of gold in the quarter and sold 842,965 ounces. Agnico Eagle Mines maintained its production outlook for the year, expecting gold production between 3.3 million ounces and 3.5 million ounces.
First-quarter adjusted earnings surged 101.3% year-over-year to a record $770 million, or $1.53 per share, which compared to $377 million, or $0.76 per share, in the first quarter of 2024. The consensus estimate called for earnings of $1.38 per share, so AEM posted a 10.9% earnings surprise.
Agnico Eagle Mines also noted that it will pay a quarterly dividend of $0.40 per share on June 16. All shareholders of record on May 30 will receive the dividend. The stock has a 1.3% dividend yield. AEM is a Conservative buy below $128.
SOM Technicals:
2-28-25: Closed at 96.28. Trade pressures are down. Volumes are bullish. The next target up is 101.45.
3-8-25: Closed at 98.79. Trade pressures are up. Volumes are bullish. The next target up is 101.45.
3-14-25: Closed at 103.60. Trade pressures are up. Volumes are bullish. The next targewt up is 104.49.
3-21-25: Closed at 104.34. Trade pressures are down. Volumes are bullish. The next target down is 101.40.
3-28-25: Clossed at 107.35. Trade pressure are up. Volumes are bearish. The next target down is 105.12.
4-5-25: Closed at 99.48. Trade pressures are down. Volumes are bearish. The next target down is 97.21.
4-12-25: Closed at 117.65. Trade pressures are up. Volumes are bullish. The next target up is 120.
4-18-25: Closed at 121.53. Trade pressures are up but declining. Volumes are bullish. The next target up is 125.94.
4-26-25: Closed at 118.50. Trade pressures are doiwn. Volumes are bearish. The next target down is 112.93.
argenx SE
argenx SE (ARGX) is a biotechnology company that develops therapies to treat patients with autoimmune diseases like Myasthenia Gravis. The company has three indications of VYVGART for the treatment of Myasthenia Gravis, and strong demand for these treatments is expected to continue to add to its top and bottom lines.
argenx is scheduled to announce first-quarter results on May 8. First-quarter earnings are forecast to surge to $2.16 per share, up from an earnings loss of $0.97 per share in the same quarter last year. The analyst community has also increased earnings estimates over the past three months, which is setting the company up for a positive earnings surprise.
First-quarter revenue is expected to jump 92% year-over-year to $737.13 million, compared to $383.84 million in the same quarter a year ago. ARGX is a Conservative buy below $657.
SOM Technicals:
2-28-25: Closed at 624.67. Trade pressures are rising into the neutral zone. Volumes are bullish. The next target up is 632.54.
3-8-25: Closed at 637.80. Trade pressures are down. Volumes are bearish. The next target down is 551.59.
3-14-25: Closed at 604.96. Trade pressures are up. Volumes are bullish. The next target 646.06. A break below 586.50 sogmals lower.
3-21-25: Closed at 615.02. Trade pressues are down into the neutral zone. Volumes are bullish. The next target up is 629.85.
3-28-25: Closed at 589.15. Trade pressures are down but rising. Volumes are neutral. The next target down is the last pivot at 562.06.
4-5-25: Closed at 555.11. Trade pressures are down into the neutral zone. Volumes are bearish. The next target down is 545.36.
4-12-25: Closed at 581.10. Trade pressures are up. Volumes are bullish. The next target up is 601.06.
4-18-25: Closed at 596.20. Trade pressures are down into the neutral zone. Volumes are bullish. The next target up is 619.00.
4-26-25: Closed at 614.76. Trade pressures are up. Volumes are bullish. The next target up is 682.42.
Carpenter Technology Corporation
Carpenter Technology Corporation (CRS) develops specialty alloys, including stainless steel, nickel, cobalt, magnetic iron, powder metals and titanium. Persistent demand for these alloys has added to its top and bottom lines, which was apparent in the company’s latest quarter results. In fact, the company achieved its most profitable quarter in company history.
Third-quarter adjusted earnings jumped 53% year-over-year to a record $137.8 million, or $1.88 per share. Analysts expected adjusted earnings of $1.74 per share, so Carpenter Technology posted an 8% earnings surprise. Third-quarter sales grew 6.1% year-over-year to $727 million, compared to $684.9 million. The analyst community expected total sales of $729.35 million.
Given the strength of its most recent quarter, Carpenter Technology increased its fiscal year 2025 outlook. The company now expects full-year operating earnings between $520 million and $527 million, or about 50% annual earnings growth. Fourth-quarter operating earnings are forecast to be between $146 million and $153 million. CRS is a Moderately Aggressive buy below $229.
SOM Technicals:
12-13-24: Closed at 174.09. Trade pressures are down and trending. Volumes are bearish. The next target down is 150.21.
12-21-24: Closed at 169.97. Trade pressures are down. Volumes are neutral. The next target down remains 150.91.
12-27-24: Closed at 170.66. Trade pressures are up but turning down. Volumes are now neutral. The next target down is 163.00.
1-3-25: Closed at 180.13. Trade pressures are up. Volumes are bullish. The next target up is 182.64.
1-11-25: Closed at 185.96. Trade pressures are up but declining. Volumes are bullish. The next target up is 195.20.
1-18-25: Closed at 206.58. Trade pressures are up. Volumes are bullish. The next target up is 211.54.
1-24-25: Closed at 210.70. Trade pressures are up but declining. Volumes are bullish. The next target up is 213.65.
1-31-25: Closed at 193.06. Trade pressures are down. Volumes are neutral. The next target down is 178.11.
2-8-25: Closed at 187.94. Trade pressures are down. Volumes are bearish. The next target down is 178.41.
2-15-25: Closed at 188.44. Trade presures are down but rising. Volumes are bullish. The next target up is 191.93.
2-21-25: Closed at 195.10. Trde pressures are down. Volumes are bearish. The next target down is 187.98.
2-28-25: Closed at 204.07. Trade pressures are up. Volumes are bullish. Volumes are bullish. The next target up is 208.91.
3-8-25: Closed at 180.26. Trade pressures are down. Volumes are bullish. The next target down is 156.92.
3-14-25: Closed at 183.50. Trade pressures are up. Volumes are neutral. After a low of 165.14, the next target up is 186.82.
3-21-25: Closed at 183.81. Trade pressures are down. Volumes are bullish. The next target down is 176.94.
3-28-25: Closed at 181.28. Trade pressures are down. Volumes are bearish. The next target down is support at 172.30.
4-5-25: Closed at 151.66. Trade pressures are down. Volumes are neutral. The next target down is 138.16.
4-12-25: Closed at 170.88. Trade pressures are up. Volumes are neutral. The next target up is 177.31.
4-18-25: Closed at 170.21. Trade pressures are down. Volumes are bullish. The next target down is 166.51.
4-26-25: Closed at 199.00. Trade pressures are up. Volumes are neutral. The next target up is 216.00.
Palantir Technologies, Inc.
Palantir Technologies, Inc. (PLTR) specializes in data analysis, as it’s built platforms that integrate, manage and secure data – and then it layers applications on top of these platforms for human-driven, machine-assisted analysis. In addition to data analysis, though, Palantir also has several other platforms: an AI platform, the Foundry platform, the Gotham software platform and the Apollo platform.
Demand has been particularly strong for its AI solutions – and I suspect that will be apparent in the company’s upcoming quarterly results. Palantir will announce first-quarter results on May 5.
First-quarter earnings are forecast to increase 62.5% year-over-year to $0.13 per share, up from $0.08 per share in the same quarter a year ago. Analysts have also upped earnings estimates in the past three months, which is setting the company up for a fifth-straight quarterly earnings surprise.
Sales are expected to rise 36% year-over-year to $862.97 million, compared to $634.34 million in the first quarter of 2024. PLTR is a Moderately Aggressive buy below $129.
SOM Technicals:
4-26-25: Closed at 112.70. Trade pressures are up. Volumes are bullish. The next target up is 118.66.
Sprouts Farmers Market, Inc.
Sprouts Farmers Market, Inc. (SFM) offers healthy, nutritional food in 24 U.S. states. Currently, the company operates more than 450 stores across the U.S., with California as its biggest market with 151 stores. The majority of its food items are natural or organic, and it also provides many gluten-free, plant-based, grass-fed, non-GMO and raw food options.
Sprouts Famers Market is scheduled to announce results for the first quarter on Wednesday, April 30. The current consensus estimate calls for earnings of $1.54 per share and sales of $2.2 billion, which represents 37.5% year-over-year earnings growth and 16.8% year-over-year sales growth.
The analyst community has increased earnings estimates by 20% in the past three months, so a fifth-straight quarterly earnings surprise is likely. SFM is a Moderately Aggressive buy below $187.
SOM Technicals:
11-22-24: Closed at 147.13. Trade pressures are up. Volumes are bullish. The next target up is 148.56.
12-06-24: Closed at 154.04. Trade pressures are down into the neutral zone. Volumes are bullish. The next target up is 155.87.
12-13-24: Closed at 147.79. Trade pressures are up but turning down. Volumes are bearish. the next target down is 142.69.
12-20-24: Closed at 131.70. Trade pressures are down. Volumes are bearish. The next target down is 126.86.
12-20-24: Closed at 128.50. Trade pressures are down. Volumes are bearish. The next target down is 126.74.
1-3-25: Closed at 134.65. Trade pressures are up. Volumes are bullish. The next target up is 148.97.
1-11-25: Closed at 137.98. Trade pressures are up. Volumes are bearish. The next target down is 134.61.
1-18-25: Closed at 139.25. Trade pressures are up. Volumes are neutral. The next target up is 148.97.
1-24-25: Closed at 146.75. Trade pressures are up. Volumes are bullish. The next target up is 148.97.
1-31-25: Closed at 158.34. Trade pressures are up. Volumes are bullish. At resisitance, a move below 152.03 would signal lower.
2-8-25: Closed at 167.97. Trade pressures are up. Volumes are bullish.The next target up is 172.77.
2-15-25: Closed at 177.12. Trade pressures are up. Volum es are bullish. The next target up is 184.00.
2-21-25: Closed at 143.32. Trade pressures are down. Volumes are neutral. The next target down is 129.71.
2-28-25: Closed at 148.40. Trade pressures are up into the neutral zone. Volumes are bearish. The next target up is 156.66.
3-8-25: Closed at 136.97. Trade preessures are down. volumes are bullish. The next target down is 129.71.
3-14-25: Closed at 136.75. Trade pressure are up into the neutral zone. After a low of 30.06, the next target up is 143.51.
3-21-25: Closed at 142.39. Trade pressures are up. Volumes are bullish. The next target up is 143.51.
3-28-25: Closed at 147.76. Trade pressures are up, but turning down. Volumes are neutral. The next target down is support at 134.86.
4-5-25: Closed at 145.29. Trade pressures are down. Volumes are bearish. The next target down is 142.96.
4-12-25: Closed at 157.27. Trade pressures are up. Volumes are bullish. The next target up is 163.31.
4-18-25: Closed at 160.99. Trade pressures are up but declioning. Volumes are bullish. The next target up is 163.31.
4-26-25: Closed at 167.54. Trade pressures are up. Volumes are bullish. The next target up is 174.51.