High-Growth Investments

Agnico Eagle Mines Limited

Agnico Eagle Mines Limited (AEM) is a Canadian mining company that’s focused primarily on gold. In fact, it’s the third-largest gold producer in the world, with operations in not only Canada, but also Australia, Finland and Mexico. In fiscal year 2024, Agnico Eagle Mines produced 3.5 million ounces of gold, a new record for the company.

For the fourth quarter, the company reported record adjusted earnings of $632.0 million, or $1.26 per share, which represented a 125% year-over-year increase. Analysts only expected adjusted earnings of $1.17 per share, so AEM posted a 7.7% earnings surprise.

Agnico Eagle Mines also achieved adjusted earnings of $4.24 per share in fiscal year 2024, or 89.3% annual earnings growth. The company also announced that it will pay a quarterly dividend of $0.40 per share on March 14 to all shareholders of record on February 28. The stock has a 1.7% dividend yield. AEM is a Conservative buy below $104.

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.

 

argenx SE

argenx SE (ARGX) was a new addition to the High-Growth Investments Buy List in the February Monthly Issue. As a biotechnology company, argenx develops therapies to treat patients with autoimmune diseases like Myasthenia Gravis. The company developed Efgartigimod, which is the first neonatal Fc receptor (FcRn) approved for the treatment of autoimmune diseases.

The company noted that it exceeded 10,000 patients across its three indications of VYVGART in 2024, and continued demand for the treatment is expected to help the company become profitable in 2025. VYVGART sales totaled $2.19 billion in 2024, up from $1.19 billion in 2023.

For fiscal year 2024, argenx achieved total sales of $2.52 billion and earnings of $833.0 million, which was up from sales of $1.27 billion and an earnings loss in fiscal year 2023. Full-year 2024 earnings per share came in at $12.78.

For the fourth quarter, argenx reported total sales of $761.0 million and earnings of $99.0 million, compared to sales of $418.0 million and an earnings loss in the fourth quarter of 2023. argenx also announced fourth-quarter earnings per share of $11.79. The consensus estimate called for earnings of $2.05 per share and sales of $737.68 million. ARGX is a Conservative buy below $661.

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.

 

Carpenter Technology Corporation

Carpenter Technology Corporation (CRS) develops specialty alloys, offering more than 500 alloys including stainless steel, nickel, cobalt, magnetic iron, powder metals and titanium. The alloys are used in products, parts and components by customers around the world. In fact, Carpenter Technology has operations throughout the U.S., Europe and Asia.

Back in January, Carpenter Technology released better-than-expected results for its second quarter in fiscal year 2025. Adjusted earnings soared 95.3% year-over-year to $1.66 per share, topping analysts’ estimates for $1.61 per share. Second-quarter sales rose 8.4% year-over-year to $676.9 million.

The second quarter represented the most profitable quarter in Carpenter Technology’s history – and as a result, the company increased its outlook for 2025. In the wake of the strong outlook and positive quarterly results, the analyst community has upped its third-quarter earnings estimates, with earnings now forecast to rise 48% year-over-year. CRS is a Moderately Aggressive buy below $230.

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.

 

Sprouts Farmers Market, Inc.

Sprouts Farmers Market, Inc. (SFM) offers healthy, nutritional food at its more than 400 stores in 23 U.S. states. The company boasts that 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. And based on recent results, consumers appreciate the variety of offerings at Sprouts Farmers Market stores.

Fourth-quarter sales rose 18% year-over-year to $2.0 billion, while earnings increased 61.2% year-over-year to $0.79 per share. The analyst community expected earnings of $0.73 per share and sales of $1.96 billion, so SFM posted an 8.2% earnings surprise and a slight sales surprise.

Sprouts Farmers Market also provided a strong outlook for its fiscal year 2025, expecting annual sales growth between 10.5% and 12.5% and annual earnings growth between 20.5% and 24.8%. Following the positive guidance, analysts have increased earnings estimates for the next several quarters. SFM is a Moderately Aggressive buy below $166.

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 a30.06, 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.

 

Targa Resources Corporation

Targa Resources Corporation (TRGP) is a midstream energy company that provides gathering and processing systems and logistics and transportation systems. The company operates more than 31,000 miles of natural gas pipelines and 53 processing plants, which service top natural gas and crude oil-producing basins in the U.S.

Targa Resources experienced robust demand for its systems in 2024, which led to record Permian, natural gas liquids (NGL) transportation, fractionation and liquified petroleum gas (LPG) export volumes in its fiscal year 2024. Targa Resources reported full-year earnings of $1.28 billion and total revenue of $16.38 billion, which represented 53% annual earnings growth and 2% annual revenue growth.

Following the positive results, the analyst community has increased its estimates for the first quarter in fiscal year 2025 by 13.6% in the past week alone. First-quarter earnings are now forecast to rise 46.7% year-over-year to $2.01 per share, compared to $1.37 per share in the same quarter a year ago. TRGP is a Conservative buy below $220.

SOM Technicals:

5-25-24: Closed at 114.28. Trade pressures are down. Volumes are bearish. The next target down is 111.90.

6-2-24: Closed at 118.23. Trade pressures are up. Volumes are bullish. The next target up is 119.68.

6-8-24: Closed at 118.01. Trade pressures are up. Volumes are bullish. The next target up is 119.68.

6-15-24: Closed at 119.00. Trade pressures are down. Volumes are neutral. The next target down is 117.63.

6-23-24: Closed at 125.10. Trade pressures are up. Volumes are bearish. The next target down is 123.65.

6-30-24: Closed at 128.78. Trade pressures are up. Volumes are bullish. The next target up is 130.53.

7-5-24: Closed at 132.49. Trade pressures are up. Volumes are bullish. The next target up is 139.71.

7-12-24: Closed at 135.05. Trade pressures are up. Volumes are bullish. The next target up is 137.41.

7-20-24: Closed at 136.37. Trade pressures are up. Volumes remain bullish. The next target up is 139.96.

8-3-24: Closed at 130.58. Trade pressures are down. Volumes are bearish. The next target down is 126.70.

8-11-24: Closed at 135.69. Trade pressures are up. Volumes are bullish. The next target up is 139.35, the prior high.

8-16-24: Closed at 142.83. Trade pressures are up. Volumes are bullish. The next target up is 150.00.

8-26-24: Closed at 145.47. Trade pressures are up. Volumes are bullish. The next target up is 151.82.

9-28-24: Closed at 146.80. Trade pressures are down. Volumes are neutral. The next target down is 140.89.

10-5-24. Closed at 158.02. Trade pressures are up. Volumes are bullish. The next target up is 159.07.

10-12-24: Closed at 165.76. Trade pressures are up. Volumes are bullish. The next target up is169.90.

10-18-24: Closed at 162.75. Trade pressures are down into the neutral zone. Volumes are bullish. The next target down is 157.41.

10-28-24: Closed at 164.72. Trade pressures are down. Volumes are neutral. The next target down is 160.29.

11-8-24: Closed at 192.28. Trade pressures are up. Volumes are bullish. The next target up is 195.00.

11-16-24: Closed at 196.04. Trade pressures are up but declining. Volumes are bullish. The next target up is 197.14.

11-22-24: Closed at 207.31. Trade pressures are up. Volumes are bullish. The next target up is 210.40.

12-06-24: Closed at 194.34. Trade pressures are down but rising. Volumes are bearish. The next target down is 182.70.

12-13-24: Closed at 184.62. Trade pressures are down. Volumes are bearish. The next target down is 172.37.

12-20-24: Closed at 176.89. Trade pressures are down. Volumes are bullish. The next target up is 187.58.

12-27-24: Closed at 177.36. Trade pressures are down into the neutral zone. Volumes are neutral. The next target down is 172.13.

1-3-25: Closed at 188.17. Trade pressures are up. Volumes are bullish. The next target up is 193.02.

1-11-25: Closed at 193.30. Trade pressures are up. Volumes are bearish. The next target down is 187.15.

1-18-25: Closed at 215.72. Trade pressures are up. Volumes are bullish. The next target up is 225.15.

1-24-25: Closed at 209.07. Trade pressures are down to the neutral zone. Volumes are neutral. The next target down is 199.17.

1-31-25: Closed at 196.80. Trade pressures are down. Volumes are bearish. The next target down is 179.83.

2-8-25: Closed at 201.42. Trade pressures are up but declining. Volumes are bearish. The next target down is 194.61.

2-15-25: Closed at 205.36. Trade pressures are up. Volumes are bullish. The next target up is the 214 resistance.

2-21-25: Closed at 200.36. Trade pressures are down. Volumes are bearish. The next target down is 194.61.

2-28-25: Closed at 201.72. Trade pressures are up. Volumes are bearish. The next target up is 207.21.

3-8-25: Closed at 181.91. Trade pressures are down. Volumes are bullish. The next target down is 163.24.

3-14-25: Closed at 190.30. Trade pressures are up. Volumes are bullish. After a low of 175.00, the next target up is 199.51.

3-21-25: Closed at 197.40. Trade pressures are up but turming down. Voumes are bullish. The next target down is 190.99.