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

Copart, Inc.

Copart, Inc. (CPRT) had humble beginnings as a regional salvage auctioneer in the U.S. But, over the past 28 years, the company has grown to become a leading online auctioneer for vehicles, with more than 200 hundred locations in 11 countries around the world. And, in 2019, Copart had more than two million unique international visitors to its site.

On February 19, Copart announced results for its second quarter in fiscal year 2019. Second-quarter revenue increased 18.6% year-over-year to $575.1 million, falling just shy of analysts’ estimates for $576.04 million. Earnings jumped 28.4% year-over-year to $168.7 million, or $0.71 per share, which topped estimates for $0.66 per share.

CPRT pulled back on the revenue miss, but given the company’s double-digit forecasted earnings growth, I view this recent dip as a great buying opportunity. CPRT is a Conservative buy below $88.

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.

2-29-20: Closed at 84.48. Trade pressures are down. Volumes are bullish. At the 200 day MA. A close above 87.30 would signal higher.

3-6-20: Closed at 80.19. Trade pressures are down but rising. Volumes are bearish. Just below the 200 day MA.

3-14-20: Closed at 73.84. Trade pressures are down but rising. Volumes are now bullish.at the 1.62% down side target. Need a close above 75.87 to move higher.

3-21-20: Closed at 60.15. Trade pressures are down but rising. Volumes are bearish. The next target down is 55.67. need a close above 67.12 to restart any move up.

 

Leidos Holdings, Inc.

Leidos Holdings, Inc. (LDOS) was added to the High-Growth Investments Buy List in the February 2020 Monthly Issue. If you recall, Leidos is one of the leading aerospace and defense companies in the world. It works closely with the U.S. government and federal agencies, including the Department of Defense, the Department of Homeland Security and Social Security Administration, as well as several branches of the U.S. military.

On February 18, Leidos revealed strong momentum in its business, as total net bookings in 2019 came in at $14.5 billion. The company also reported full-year adjusted earnings of $5.17 per share on $11.09 billion in revenue, or 8.8% annual revenue growth and 18% annual earnings growth. These results topped analysts’ estimates for earnings of $4.99 per share and revenue of $10.98 billion.

Leidos also provided a solid outlook for fiscal year 2020, which has inspired the analyst community to up their earnings forecasts for the first quarter and full-year 2020. For the first quarter, analysts are looking for 9.7% annual earnings growth and 17.7% annual revenue growth.

I should add that LDOS is a good dividend play, too. The company has paid a dividend for 32-straight quarters. Leidos will pay a quarterly dividend of $0.34 per share on April 2 to all shareholders of record on March 13. The stock has a 1.3% dividend yield. LDOS is a Conservative buy below $108.

SOM Technicals:

2-29-20: Closed at 102.65. Trade pressures are down. Volumes are neutral. The 200 day support is at 88.65.

3-6-20: Closed at 105.68. Trade pressures are down. Volumes are neutral. At the 100% down side target. 200 day MA is 89.48.

3-14-20: Closed at 90.31. Trade pressures are down and over sold. Volumes are bullish. At the 1.62% downside target. Need a close above 90.97 to start a new move up.

3-21-20: Closed at 72.51. Trade pressures are down. Volumes are bearish. At the down side target. Need a close above 79.47 to start any new move up.

 

Invitation Homes, Inc.

Invitation Homes, Inc. (INVH) was also a new addition to the High-Growth Investments Buy List in February. As a real estate investment trust (REIT), Invitation Homes provides quality single-family rental homes in 17 popular U.S. cities, including Atlanta, Chicago, Dallas, Denver, Las Vegas, Los Angeles, Orlando, Phoenix, San Diego, Seattle and Tampa.

On February 18, the REIT released earnings for its fourth quarter in fiscal year 2019. Fourth-quarter earnings doubled to $52 million, or $0.10 per share, while revenue grew 2.7% year-over-year to $444 million. The consensus estimate called for earnings of $0.06 per share, so INVH posted a stunning 66.7% earnings surprise.

Invitation Homes also reported that “2019 was an excellent year” for the REIT. It achieved earnings of $145 million, or $0.27 per share on revenue of $1.77 billion. That compared to an earnings per share loss of $0.01 and revenue of $1.72 billion in fiscal year 2018.

As a REIT, Invitation Homes is also required to distribute at least 90% of its taxable income to shareholders in the form of dividends. Most recently, INVH paid a quarterly dividend of $0.15 per share on February 28. The stock has a 2.1% dividend yield. INVH is a Conservative buy below $31.

SOM Technicals:

2-29-20: Closed at 28.69. Trade pressures are down. Volumes are bullish. Consolidating now at 27.96,  the 200 day MA.

3-6-20. Closed at 29.54. Trade pressures are down into the neutral zone. Volumes are bullish. The 200 day MA at 29.11 seems to hold.

3-14-20: Closed at 27.95. Trade pressures are down but rising and showing some divergences. Volumes are neutral. After spiking down to 22, price has closed above a new long entry at 25.15.

3-21-20: Closed at 17.19. Trade pressures are down. Volumes are bearish. The next target down is 13.50. Need a close above 20.02 to restart a move up.

 

S&P Global, Inc.

S&P Global, Inc. (SPGI) is well-known for providing up-to-date financial information through its several business divisions, including S&P Global Ratings, S&P Market Intelligence, S&P Dow Jones Indices and S&P Global Platts. Institutional and individual investors alike rely on S&P Global for their data and custom indices.

On February 6, S&P Global revealed fourth-quarter earnings and revenue that topped analysts’ expectations. Fourth-quarter earnings rose 5.7% year-over-year to $541 million, or $2.20 per share, and revenue increased 13% year-over-year to $1.74 billion. Analysts were looking for earnings of $2.43 per share and revenue of $1.7 billion.

The company also noted that it added several new products during 2019, which added to the company’s top and bottom lines. S&P Global reported 9% annual earnings growth and 7% annual revenue growth for fiscal year 2019.

And S&P Global continues to reward its shareholders quarter-after-quarter. The company has paid a dividend for an incredible 160-straight quarters. S&P Global will pay a quarterly dividend of $0.67 per share on March 11 to all shareholders of record on February 26. The stock has a 1.0% dividend yield. SPGI is a Conservative buy below $279.

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.

2.29.20: Closed at 265.91. Trade pressures are down. Volumes are bullish. At 257.02, the 200 day MA.

3-6-20: Closed at 271.06. Trade pressures are down into the neutral one., Volumes are bearish. The 200 day MA is 258.76.

3-14-20: Closed at 248.47. Trade pressures down but rising. Volumes are bullish. The spike down and reversal has brought price up to near the new long entry at 250-55.

3-21-20: Closed at 208.79. Trade pressures are down but rising. Volumes are bullish. The next target down is 183.24. Need a close above 22.94 start a new move up.

 

Teledyne Technologies, Inc.

Teledyne Technologies, Inc. (TDY) develops imaging sensors, infrared and X-ray cameras, satellite communication subsystems, aircraft information management systems and monitoring instruments, as well as electronic test and measurement equipment. Its products are used in several industries, including factory automation, oceanographic research, pharmaceutical research and medical imaging.

Back on January 22, Teledyne Technologies unveiled record-breaking results for its fiscal year 2019. The company announced earnings of $402.3 million, or $10.73 per share, on $3.16 billion in sales. That translated to 20.5% annual earnings growth and 9% annual sales growth.

And the company isn’t tapping the brakes any time soon. Teledyne expects first-quarter earnings to grow between 11.4% and 16.3%. Analysts are expecting first-quarter sales to rise 10% year-over-year to $801.26 million. TDY is a Conservative buy below $353.

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.

2-29-20: Closed at 337.32. Trade pressures are down. Volumes are bullish.

3-6-20: Closed at 337.62. Trade pressures are down into the neutral zone . Volumes are bearish. The 200 day MA is 320.53.

3-14-20: Closed at 292.34. Trade pressures are down but rising. Volumes are neutral. Below the 200 Day MA and needs a close above 309.67 to start a new move up.

3-21-20: Closed at 233.66. Trade pressures are down but rising. Volumes are bullish. The next target down is the 200 week MA at 202.84. A close above 244 would signal higher.