The following is provided by Navellier with technical comment from South Ocean Management – pls do your own due diligence.
https://navelliergrowth.investorplace.com/
Navellier says,
High-Growth Investments
Dexcom, Inc. (DXCM) has been at the forefront of diabetes care and management for the past two decades. By listening to the needs of patients with diabetes, Dexcom developed its continuous glucose monitoring (CGM) system. Simply put, CGM helps patients and healthcare professionals better monitor glucose levels 24 hours per day through a tiny sensor that is inserted under the patient’s skin.
Back in March 2018, Dexcom revealed that it received market authorization from the FDA for its Dexcom G6 CGM system, which monitors glucose levels in children two years of age and older, as well as adults. The system can be used as a standalone CGM or in integration with automated insulin dosing systems. The G6 CGM was the first CGM to be granted this classification from the FDA—and it added nicely to the company’s top and bottom lines in 2018.
In fact, on Thursday, Dexcom posted double-digit sales growth and triple-digit earnings growth for its fourth quarter. Total revenue soared 53% year-over-year to $338 million, while earnings surged 304% year-over-year to $48.9 million, or $0.54 per share. The analyst community was expecting earnings of $0.17 per share on $307.52 million in revenue, so DXCM posted a whopping 217.6% earnings surprise and a 10% sales surprise.
For full year 2018, Dexcom reported revenue of $1.032 billion, or 44% annual revenue growth. And looking ahead, the company reaffirmed its 2019 revenue guidance. Dexcom expects revenue between $1.175 billion and $1.225 billion, or 13.9% to 18.7% annual revenue growth. DXCM is an Aggressive buy below $161.
SOM Technicals:
12-22-18: closed at 108.32. Trade pressures are down. Volumes are bearish. The next target down is 99.47. Now sitting on support at the 200 day MA.
12-29-18: Closed at 118.28. Trade pressures are down but rising. Volumes are bullish. The next target up is 127.38.
1-5-19: Closed at 116.24. Trade pressures are down into the neutral zone. Volumes are now neutral. At the 200 day MA and support.
1-12-19: Closed at 142.00. Trade pressures are up. Volumes are bullish. Moved sharply up off the 200 day MA. Now at the retracement target and should consolidate here.
1-19-18: Closed at 149.62. Trade pressures are up and extended. Volumes are bullish. At the 141.18 target, expect consolidation here.
1-26-19: Closed at 146.00. Trade pressures are up but rolling over. Volumes are bearish. Support is 141.00.
2-2-19: Closed at 141.78. Trade pressures are now down. Volumes are bearish to bullish. The 25×5 MA is lower at 136.52.
2-8-19: Closed at 145.53. Trade back up into the neutral.zone. Volumes are bullish. In the up trend. The next target up is 163.51.
2-16-19: Closed at 148.49. Trade pressures are in the neutral zone. Volumes are now bullish. The next target up is 163.51.
2-22-19: Closed at 136.86. Trade pressures are down. Volumes are bearish. The next support down is 122.00.
3-1-19: Closed at 143.49. Trade pressures are down but rising. Volumes are now bullish. Consolidating at the 25×5 MA.
3-8-19: Closed at 143.24. Trade pressures are in the neutral zone. Volumes are bullish. Struggling to get above the 25×5 MA at the 144 level.
3-15-19: Closed at 151.00. Trade pressures are up. Volumes are bullish. The next target up is 163.51.
3-23-19: Closed at 129.03. Trade pressures are down. Volumes are bearish. At support and the 200 day MA.
Fortinet, Inc. (FTNT) continues to make big strides in offering strategic security solutions for the launch of 5G in mobile infrastructure this year. New and faster 5G networks come with new cybersecurity attacks—and Fortinet has been working hard to address these rising threats.
This week, Fortinet announced that its 5G-ready FortiGate 7000 Next-Generation Firewall series has the ability to protect 5G mobile infrastructures against attacks from outside and inside the network. The company’s FortiGate NGFW VNF and FortiWeb WAF VNF also protect cloud platforms providing IoT (Internet of Things) services.
With 5G already launched in the U.S. back in October and expected to be offered by all four of the U.S.’s major service providers this year, Fortinet’s security solutions are in top demand right now. This was evident in Fortinet’s better-than-expected fourth-quarter report on February 6.
The company reported that fourth-quarter revenue jumped 22% year-over-year to $507 million, and earnings surged 88.8% year-over-year to $104.6 million, or $0.59 per share. The consensus estimate called for earnings of $0.52 per share on $496.35 million, so FTNT posted a 13.5% earnings surprise and a slight sales surprise. FTNT is a Moderately Aggressive buy below $96.
SOM Technicals:
9-29-18: Closed at 92.27. Trade pressures are up. Volumes are bullish. The next target up is 99.90.
10-7-18: Closed at 86.10. Trade pressures are down into the neutral zone. Volumes are bearish. Support is at 83.83.
10-13-18: Closed at 79.95. Trade pressures are down. Volumes are bearish. The old upside target of 277.70 could hold support.
10-20-18: Closed at 81.20. Trade pressures are down but rising. Volumes are now bullish. 84.20 signals a new long entry.
10-28-18: Closed at 78.19. Trade pressures are down but showing some divergence. Volumes are neutral. The next target down is 76.14.
11-3-18: Closed at 72.56. Trade pressures are up into the neutral zone. Volumes are bearish. The 200 day is the next support at 65.28.
11-10-18: Closed at 74.73. Trade pressures are neutral. Volumes are neutral to bearish. Need a close above 79.15 to get going again.
11-17-18: closed at 73.45. Trade pressures are in the neutral zone. Volumes are bearish. At support/ Need the close above 79.16 to resume the move up.
11-24-18: Closed at 67.96. Trade pressures are now down. Volumes are mixed bullish to neutral. At the 200 day MA. Need a close above 72.11 to resume any move up.
11-30-18: Closed at 73.84. Trade pressures are up into the neutral zone. Volumes are bullish. The 200 day MA was support. the next target up is 77.70.
12-8-18: Closed at 71.61. Trade pressures are up but turning down. Volumes are neutral. At the new long entry of 72.11.
12-15-18: Closed at 72.91. Trade pressures are down into the neutral zone. Volumes are bearish. 68.91 is support at the 200 day MA.
12-22-18: Closed at 65.84. Trade pressures are down. volumes are bearish. At the 200 day MA support. The prior low is 64.65.
12-29-18: Closed at 70.34. Trade pressures are down but rising. Volumes are bullish. A close above 72.11 would start another move up.
1-5-19: Closed at 66.91. Trade pressures are back down into the neutral zone. Volumes are bearish. The next target down is 58.81.
1-12-19: Closed at 73.27. Trade pressures are up. Volumes are bullish. The downtrend resistance is just above at 74.53. Need a break above that level.
1-19-18: Closed at 70.50. Trade pressures are down into the neutral zone. Volumes are bearish. Sitting on the 200 day MA and the new short entry at 70.17.
1-26-19: Closed at 73.59. Trade pressures are now up. Volumes are bullish. In a new uptrend. The next target up is 77.18, the prior high pivot.
2-2-19: Closed at 78.90. Trade pressures are up. Volumes are bullish. 79.14 is new long entry. Support is now at the 200 day MA @ 72.16.
2-8-19: Closed at 81.02. Trade pressures are up but rolling over. Volumes are bullish to neutral. 75.23 would signal a new move down.
2-16-19: Closed at 83.11. Trade pressures are up but declining. Volumes are bullish. The next target up is 89.00.
2-22-19: Closed at 86.79. Trade pressures are up. Volumes remain bullish. The next target up is 90.45.
3-1-19: Closed at 86.93. Trade pressures are up. Volumes are bullish. The next target up is 91.01.
3-8-19: Closed at 80.67. Trade pressures are down. Volumes are neutral. Support is at 74.84.
3-15-19: Closed at 83.26. Trade pressures are up. Volumes are bullish. Still in the downtrend. A close above 86.30 would signal higher.
3-23-19: Closed at 85.19. Trade pressures are up. Volumes are bullish. Tested the 88.50 prior high and then came back with the market.
Keysight Technologies, Inc. (KEYS) was added to the High-Growth Investments Buy List in February, and it’s making its first appearance on the Top 5 Stocks list this month. If you recall, the company provides technology solutions that enhance networks and speed up electronics production at a much lower cost. Keysight Technologies’ customers include 78 of the Fortune 100, as well as the top 25 technology companies and the top 25 telecom operators.
Currently, Keysight Technologies is partnering with AT&T, Anokiwave, Ball Corporation and new buy Xilinx to further develop 5G networks that use open radio access network (O-RAN) architecture. Together, these companies achieved an industry milestone: They’ve built an O-RAN unit with commercial off-the-shelf components, which will provide more flexibility in 5G networks.
And this type of innovative spirit and technology breakthroughs are exactly why Keysight Technologies is a leading tech company—and why its products are in strong demand. In fact, on Thursday afternoon, the company reported “outstanding” earnings and sales growth for its first quarter in fiscal year 2019.
Revenue jumped 18% year-over-year to $1.1 billion, which topped estimates for $983.18 million. First-quarter earnings soared 81.4% year-over-year to $176 million, or $0.93 per share, up from $97 million, or $0.51 per share, in the same quarter a year ago. Analysts were expecting earnings of $0.80 per share, so KEYS posted a 16.3% earnings surprise.
Looking forward to the second quarter, KEYS expects revenue between $1.06 billion and $1.08 billion and earnings per share between $0.93 and $0.99. Both forecasts are nicely higher than the current consensus estimate for earnings of $0.92 per share on $1.04 billion in revenue. KEYS is a Moderately Aggressive buy below $90.
SOM Technicals:
2-22-19: Closed at 82.46. Trade pressures are up. Volumes are now bearish. At the up side target, expect consolidation.
3-1-19: Closed at 85.90. Trade pressures are up and extended. Volumes are bullish. Stops at 81.83.
3-8-19: Closed at 83.99. Trade pressures are up but turning down. Volumes are bearish. Support at 80.64.
3-15-19: Closed at 85.99. Trade pressures are up but down near the neutral zone. Volumes are bullish. In consolidation after the very big run-up from the 61 level.
3-23-19: Closed at 84.76. Trade pressures are down into the neutral zone. Volumes are bearish. A cose below 82.32 would signal a new down trend.
Lululemon Athletica, Inc. (LULU) is our yoga apparel retailer that’s adding product lines and gaining market share from competitors like Nike (NKE) and Under Armour (UA). In fact, after a very strong holiday shopping season, Lululemon revised its fourth-quarter guidance higher in January.
For the fourth quarter, Lululemon expects revenue between $1.14 billion and $1.15 billion, up from previous forecasts for $1.115 billion to $1.125 billion. Earnings per share are anticipated to be between $1.72 and $1.74, compared with previous guidance for $1.64 per share to $1.67 per share.
Thanks to the increased outlook, the analyst community has been scrambling to adjust its forecasts, too. In the past three months, earnings per share estimates have been revised 6.1% higher—and that bodes well for a fifth-straight quarterly earnings surprise. LULU is expected to release fourth-quarter results in March. Analysts are currently looking for 23.8% annual sales growth and 30.8% annual earnings growth. LULU is a Moderately Aggressive buy below $166.
SOM Technicals:
7-30-18: Closed at 120.00. Trade pressures are down. Volumes are bearish. Consolidating at the prior 119.00 target level.
8-4-18: Closed at 126.08. Trade pressures are rising into the neutral zone. Volumes are bullish. Still in the consolidation zone. Need a close above 130.05 to start a new move up.
8-10-18: Closed at 130.52. Trade pressures are up. Volumes are bullish. The next target up is 150.12.
8-18-18: Closed at 130.19. Trade pressures are up. Volumes are neutral. One of the few with an upward bias in August.
8-26-18: Closed at 138.76. Trade pressures are up. Volumes are bullish. The next target up is 150.12.
9-1-18: Closed at 154.93. Trade pressures are up. Volumes are neutral. Big earnings surprise puts LULU above the 150.12 target. The next target up is 170.18.
9-8-18: Closed at 150.82. Trade pressures are up. Volumes are neutral. The next target up is 170.18.
9-15-18: Closed at 153.71. Trade pressures are up and trending. Volumes are neutral. The next target up is 170.18.
9-23-18: Closed at 156.99. Trade pressures are up and trending. Volumes are bullish. The next target up is 170.18.
9-29-18: Closed at 162.49. Trade pressures up and trending. Volumes are bullish. The next target up is 170.18.
10-7-18: Closed at 153.84. Trade pressures are up but turning down. Volumes are bearish. The next target down is the 25×5 moving average at 148.50.
10-13-18: Closed at 143.71. Trade pressures are down. Volumes are bearish. The initial long entry at 130.05 is the the next support.
10-20-18: closed at 136.77. Trade pressures are down. Volumes are bearish. the prior long entry at 130.05 is support.
10-28-18: Closed at 134.82. Trade pressures are down. volumes are bearish. the next target down is 131.02.
11-3-18: Closed at 142.02. Trade pressures are down but rising. Volumes are bullish. 144.25 is the new long entry.
11-10-18: Closed at 137.56. Trade pressures are neutral. Volumes are bearish. support at the 133.13 low pivot.
11-17-18: Close at 139.02. Trade pressures are in the neutral zone. Volumes are mixed, bullish to bearish. At support need a close above the 144.35 level to resume the move up.
11-24-18: Closed at 120.86. Trade pressures are down. Volumes are neutral. At the 200 day MA. Need a close above 129.64 to start a new move up.
11-30-18: Closed at 132.55. Trade pressures are up into the neutral zone. Volumes are bullish. Again a nice bounce off the 200 day MA. This close above 129.64 restarts the move up.
12-8-18: Closed at 113.87. Trade pressures are into neutral zone. Volumes are very bearish. Next target down is 103.91.
12-15-18: Closed at 119.12. Trade pressures are down but showing divergence. Volumes are bearish. At the 200 day MA and holding.
12-22-18: Closed at 113.74. Trade pressures are down. Volumes are bearish. Now below the 200 M day MA and at the 114.68 downside target level.
12-29-18: Trade pressures are up into the neutral zone. Volumes are bullish. Need a close above the 131.20 level to restart the move up.
1-5-19: Closed at 128.55. Trade pressures are up. Volumes are bullish. The next target up is the downtrend resistance at 130.
1-12-19: Closed at 131.52. Trade pressures are up but rolling over. Volumes are now bullish. In a new move up, the next target up is the old high of 164.
1-19-18: Closed at 152.07. Trade pressures are up and trending. Volumes are bullish. In the new move up from the 137.77 level. The next target up is 164.82.
1-26-19: Closed at 151.89. Trade pressures are up and trending. Volumes are bullish. In consolidation. The next target up is 164.82.
2-2-19: Closed at 146.12. Trade pressures are up but rolling over. Volumes are now bearish. Support at 143.00.
2-8-19: Closed at 148.62. Trade pressures are in the neutral zone. Volumes are bearish closing bullish. The next target up is 164.82.
2-16-19: Closed at 151.09. Trade pressures are up but turning down. Volumes are bearish. Support a t 144.00.
2-22-19: Closed at 149.26. Trade pressures are down. Volumes are now bearish. Support is at 133.28.
3-1-19: Closed at 151.38. Trade pressures are up. Volumes are now bearish. Stops at 146.81.
3-8-19: Closed at 142.51. Trade pressures are down. Volumes are bearish. Support is at 135.71.
3-15-19: Closed at 141.79. Trade pressures are down but rising. Volumes are bearish. Support remains at 136.69.
3-23-19: Closed at 143.21. Trade pressures are up. Volumes are bearish. Support is at 137.41.
Veeva Systems, Inc. (VEEV) rounds out the Top 5 Stocks list again this month. The company provides cloud-based software systems to more than 600 life science companies around the world. Veeva’s solutions help these companies introduce new medications and treatments faster.
Recently, Veeva revealed that more than 150 life sciences companies, including four of the 10 largest pharmaceutical companies, are using Veeva Vault RIM applications to simplify their regulatory processes. Veeva Vault RIM allows companies to host their regulatory data and content on one platform, which reduces manual data tracking and the use of multiple systems.
Veeva is scheduled to release fourth-quarter and full-year earnings and sales on Tuesday, February 26, after the stock market closes. Considering that analysts’ have increased fourth-quarter earnings per share estimates by 8.1% in the past three months, it’s lining up to be another stunning report.
The analyst community is looking for fourth-quarter earnings to soar 73.9% year-over-year to $0.40 per share, up from $0.23 per share in the same quarter a year ago. Revenue is expected to jump 22.7% year-over-year to $226.86 million, compared to the $184.92 million reported in the fourth quarter of 2017. VEEV is a Moderately Aggressive buy below $135.
SOM Technicals:
1-26-19: Closed at 109.22. Trade pressures are up. Volumes are bullish. At resistance . The next target up is 114.84.
2-2-19: Closed at 113.27. Trade pressures are up but turning down. Volumes are bullish. Good move into earnings. The next target up is 114.84.
2-8-19: Closed at 114.90. Trade pressures are up and trending. Volumes are bullish. Consolidating at the 114.84 target.
2-16-19: Closed at 120.81. Trade pressures are up and trending. Volumes are bullish. The next target up is 130.00.
2-22-19: Closed at 118.69. Trade pressures are up but declining. Volumes are bearish. There is support at 122.72.
3-1-19: Closed at 120.73. Trade pressures are now down. Volumes are neutral. Stops at 112.50.
3-8-19: Closed at 114.52. Trade pressures are down. Volumes are neutral. In the move down to 104.32.
3-15-19: Closed at 122.35. Trade pressures are up. Volumes are bullish. In a new move up from the 120.40 level.
3-23-19: Closed at 123.11. Trade pressures are up. Volumes are bearish. Support is at 115-116.
Elite Dividend Payers
Arbor Realty Trust, Inc. (ABR) continues to offer a nice blend of consistent and growing dividends, as well as superior fundamentals. As a real estate finance company, Arbor Realty Trust provides structured finance investments, including discounted mortgage notes, preferred equity and real estate-related bridge and mezzanine loans.
On Friday, February 15, Arbor Realty Trust reported fourth-quarter earnings of $37.2 million, or $0.47 per share, which represented 34.3% annual earnings growth. The analyst community was expecting earnings of $0.28 per share, so ABR posted a stunning 67.9% earnings surprise.
Arbor Realty Trust also noted that full-year earnings soared 64.5% year-over-year to $108.3 million, or $1.50 per share, up from $65.8 million, or $1.12 per share, in 2017. And given the better-than-expected full-year results, analysts have increased their fiscal year 2019 earnings forecast in the past week.
I should also add that Arbor Realty Trust announced that it will pay a quarterly dividend of $0.27 per share, which represented a 29% increase over the dividend paid in the same quarter a year ago. The dividend will be paid on March 20 to all shareholders of record on March 1. The stock has an 9.1% dividend yield. ABR is a Conservative buy below $14.
SOM Technicals:
2-22-19: Closed at 12.96. Trade pressures are up. Volumes are bullish. The next target up is 14.37.
3-1-19: Closed at 12.89. Trade pressures are up. Volumes are neutral. The next target up is 14.37.
3-8-19: Closed at 12.67. Trade pressures are down into the neutral zone. Volumes are bearish, the 25×5 MA is at 12.48.
3-15-19: Closed at 12.86. Trade pressures are in the neutral zone. Volumes are neutral. ABR goes ex dividend this next week.
3-23-19: Closed at 12.83. Trade pressures are down into the neutral zone. Volumes are bearish. Sitting on the old target of 12.58 and the 25×5 moving average.
BG Staffing, Inc. (BGSF) is a leading provider of professional staffing services in the U.S. Over the past decade, BG Staffing has expanded its business through strategic acquisitions. Most recently, in 2018, the company acquired Smart Resources Accountable Search, which provides IT consulting and recruiting, and in 2017, it purchased Zycron, a Nashville-based provider of IT solutions.
The company has paid a quarterly dividend for 14-straight quarters. On February 26, BG Staffing will pay a $0.30 per share dividend, which represents a 20% increase over the dividend paid in the same quarter a year ago. All shareholders of record on February 19 will receive the dividend. The stock has a 4.4% dividend yield.
BG Staffing has scheduled its fourth-quarter earnings release for March 12, prior to the opening bell. Fourth-quarter earnings per share are expected to surge 490% year-over-year to $0.39 per share, up from a $0.10 per share loss in the same quarter a year ago. Sales are forecast to dip slightly to $75.26 million, down from $75.7 million in the fourth quarter of 2017.
Earnings per share estimates have remained steady over the past three months, but BG Staffing has posted an average 69% earnings surprise in the past three quarters. So, another quarterly earnings surprise may be in the cards. BGSF is a Moderately Aggressive buy below $28.
SOM Technicals:
1-26-19: Closed at 23.23. Trade pressures are up and trending. Volumes are bullish. At the 200 day MA and acting as resistance. The next target up is 25.59.
2-2-19: Closed at 26.27. Trade pressures are up. Volumes are bullish. Nice move up and thru the 25.59 target. 29.90 is the next target up.
2-8-19: Closed at 26.50. Trade pressures are up and trending. Volumes are bullish. The next target up is 29.11.
2-16-19: Closed at 27.75. Trade pressures are up and trending. Volumes are bullish. The next target up is 29.11.
2-22-19: Closed at 24.73. Trade pressures are down. Volumes are bearish to neutral. At support, sitting on the 200 day MA at 23.98.
3-1-19: Closed at 25.73. Trade pressures are down but rising. Volumes are bullish. Support is at the 200 day MA, 24.00.
3-8-19: Closed at 25.63. Trade pressures are down. Volumes are neutral. Support is at 24.22.
3-15-19: Closed at 24.03. Trade pressures are down. Volumes are neutral. In a new move down. The next target down is 21.21.
3-23-19: Closed at 20.84. Trade pressures are down. Volumes are bearish. Very sensitive to the economy, so down hard.
Insperity, Inc. (NSP) was our top-performing Elite Dividend Payer in the past four weeks, as the stock soared 24% higher. Part of this stunning relative strength can be attributed to Insperity’s record fourth-quarter and full-year 2018 report on February 11.
The provider of human resources solutions reported that fourth-quarter revenue jumped 17% year-over-year to $966.8 million, while earnings soared 59% year-over-year to $24.7 million, or $0.59 per share. Adjusted earnings per share were $0.69, which represented a 25% increase. The consensus estimate called for earnings of $0.65 per share on $959.22 million in revenue, so Insperity posted a 6.2% earnings surprise and a slight sales surprise.
For fiscal year 2018, Insperity reported adjusted earnings of $3.75 per share on $3.8 billion in revenue, or 16% annual revenue growth and 53% annual earnings growth. Looking forward to fiscal year 2019, the company expects adjusted earnings per share between $4.37 and $4.69, or 17% to 25% annual earnings growth.
As one of our AA-rated stocks, Insperity has not only continued to grow its top and bottom lines, but it has also continued to reward shareholders. The company has paid a dividend for 56-straight quarters—and this dividend was increased by 33.3% in 2018. The stock has a 0.6% dividend yield. NSP is a Moderately Aggressive buy below $144.
SOM Technicals:
1-5-19: Closed at 92.56. Trade pressures are in the neutral zone. Volumes are now neutral. Tracking just below the 200 day MA in the downtrend.
1-12-19: Closed at 95.21. Trade pressures are up. Volumes are bullish. At the lows and below the 200 day MA. Need a close above 106.03 to get moving again.
1-19-18: Closed at 100.69. Trade pressures are up and extended. Volumes are bullish. Just above the 200 day MA. 106.30 would start a new move up.
1-26-19: Closed at 105.13. Trade pressures are up and extended. Volumes remain bullish. The next target up is 119.24.
2-2-19: Closed at 107.01. Trade pressures are up. Volumes are bullish. In the new move up. The next target up is 121.15.
2-8-19: Closed at 110.90. Trade pressures are up and trending. Volumes are bullish. The next target up is 130.26.
2-16-9: Closed at 129.74. Trade pressures are up but turning down. Volumes are bullish. The next target up is 137.44.
2-22-19: Closed at 130.40. Trade pressures are up but declining. Volumes are bullish. The next target up is 137.44.
3-1-19: Closed at 127.78. Trade pressures are up but declining and near the neutral zone. Volumes are bearish. Stops at 122.43.
3-8-19: Closed at 121.58. Trade pressures are down. Volumes are bearish. Price is at the 200 day MA and support.
3-15-19: Closed at 123.12. Trade pressures are up into the neutral zone. Volumes are bearish. Consolidating at the 130.26 level. The next target up is 137.44.
3-23-19: Closed at 120.43. Trade pressures are down into the neutral zone. Volumes are bearish. Breaks the 25×5 support and the 200 day is below at 107.43.