High-Growth Investments

Ciena Corporation

Ciena Corporation (CIEN) was a new addition to the High-Growth Investments Buy List in the March 2026 Monthly Issue. If you recall, the company is a global leader in connectivity, providing optical networking systems and software to help its customers thrive in the AI economy. Simply put, Ciena builds adaptive networks that support increasing bandwidth demand.

And the company is experiencing strong demand for its services.

During its first quarter in fiscal year 2026, revenue rose 33% year-over-year to $1.43 billion, and adjusted earnings soared 111% year-over-year to $1.35 per share. The consensus estimate called for revenue of $1.4 billion and adjusted earnings of $1.17 per share, so Ciena posted a slight revenue surprise and a 15.4% earnings surprise.

Ciena noted that it ended the quarter with a record backlog and anticipated strong results throughout 2026. As a result, the company forecasts total revenue of about $1.5 billion for the second quarter, or 40.2% year-over-year revenue growth.

Given the strong outlook, analysts have upped second-quarter earnings estimates by 20.7% in the past month. Earnings are now forecast to surge 247.6% year-over-year to $1.46 per share, compared to $0.42 per share in the second quarter of 2025. CIEN is a Moderately Aggressive buy below $472.

SOM Technicals:

3-27-26: Closed at 399.50. Trade pressures are down. Volumes are bearish. The next target down is 362.38. Bullish above 410.00.

4-11-26: Closed at 496.02. Trade pressures are up. Volumes are bullish. The next target up is the prior high at 513.49. 467.61 is bearish.

4-18-26: Closed at 507.43.Trade pressures are up. Volumes are bullish. the next target up is 541.07. 434.81 is bearish.

 

Comfort Systems USA, Inc.

Comfort Systems USA, Inc. (FIX) focuses primarily on providing electrical, mechanical and plumbing systems for the electrical and mechanical services industry in the U.S. The company boasts that it is a “single source provider” for all of its clients’ construction project needs (engineering and design, prefabrication and manufacturing, etc.), as well as speeds up HVAC and electrical modular construction, provides maintenance and services and offers custom solutions.

Government spending on data centers and semiconductor manufacturing facilities continues to boost demand for Comfort Systems services. The company ended 2025 with a backlog of $11.94 billion, which was up from $5.99 billion at the end of 2024.

Fourth-quarter earnings soared 126.7% year-over-year to $330.8 million, or $9.37 per share, compared to $145.9 million, or $4.09 per share, in the same quarter a year ago. Analysts expected earnings of $6.75 per share, so Comfort Systems posted a 38.8% earnings surprise.

Looking ahead to the first quarter in fiscal year 2026, the current consensus estimate calls for earnings to grow 43.4% year-over-year to $6.81 per share and for revenue to rise 30.6% year-over-year to $2.39 billion. Analysts have also revised earnings estimates 16.4% higher in the past month, which bodes well for a fifth-straight quarterly earnings surprise. FIX is a Conservative buy below $1,532.

SOM Technicals:

3-27-26: Closed at 1365.37. Trade pressures are down. Volumes are bearish. The next target down is 1329.03. Bullish above 1411.

4-11-26: Closed at 1592.84. Trade pressures are up. Volumes are bullish. The next target up is 1635.41. 1529.09 is bearish.

4-18-26: Closed at 1650.47. Trade pressures are up but turning down. Volumes are bullish. The next target up is 1660.37. 1534.57 is bearish.

 

GE Vernova, Inc.

GE Vernova, Inc. (GEV) is the spinoff of General Electric’s energy business, combining GE Power, GE Renewable Energy, GE Digital and GE Energy Financial Services. The company operates from three main divisions – Power, Wind and Electrification – and it generates about 25% of the world’s electricity.

GE Vernova has experienced robust demand for its services, and as such, it provided a positive outlook for fiscal year 2026. The company expects full-year revenue between $44 billion and $45 billion, or 15.6% to 18.2% annual revenue growth.

GE Vernova is scheduled to release first-quarter results on April 22. The analyst community expects first-quarter earnings to jump 115.3% year-over-year to $1.96 per share and revenue to grow 15.1% year-over-year to $9.24 billion. GEV is a Conservative buy below $952.

SOM Technicals:

9-26-25: Closed at 605.17. Trade pressures are down. Volumes are bearish. The next target down is 576.55.

10-5-25: Closed at 594.99. Trade pressures are down. Volumes are bearish. The next target down is 556.63.

10-11-25: Closed at 603.21. Trade pressures are down. Volumes are bearish. The next target down is 577.08.

10-17-25: Closed at 600.00. Trade pressures are down. Volumes are bearish. The next target down is 555.63.

11-8-25: Closed at 575.13. Trade pressures are down but rising to the neutral zone. Volumes remain bearish. The next target down is 482.04.

11-15-25: Closed at 578.31. Trade pressures are down but rising.  Volumes are bullish. The next target up is 594.10.

3-27-26: Closed at 849.49. Trade pressures are down. Volumes are bearish. The next target down is 830.45. Bullish above 887.

4-11-26: Closed at 993.50. Trade pressures are up. Volumes are bullish. The next target up is 1042. 948.45 is bearish.

4-18-26: Closed at 1003.99. Trade pressures are up but declining to the neutral zone. Volumes are bullish. The next target up is 1011.12. 912.29 is bearish.

 

Quanta Services, Inc.

Quanta Services, Inc. (PWR) offers specialty contractor services, primarily providing infrastructure solutions for electric power, wireless and fiber optic installation, underground utilities and pipelines. Simply put, Quanta Services provides “the infrastructure that powers your world.”

Thanks to increased demand from its electric business and consistent demand from its end markets, Quanta Services ended 2025 with a record backlog of $44 billion. The company is optimistic that it will achieve another record backlog and double-digit earnings per share growth in 2026.

Quanta Services is expected to announce first-quarter results in late April. First-quarter revenue is expected to rise 13% year-over-year to $7.04 billion, while earnings are forecast to grow 18% year-over-year to $2.10 per share.

I should also add that Quanta Services recently announced a quarterly dividend. The company will pay a quarterly dividend of $0.11 per share on April 10. All shareholders of record on Thursday, April 2, will receive the dividend. PWR is a Conservative buy below $599.

SOM Technicals:

3-27-26: Closed at 549.60. Trade pressures are down. Volumes are bearish. The next target down is 550.91. Bullish above 564.

4-11-26: Closed at 585.36. Trade pressures are up. Volum es are bullish. The next target up is 592.58. 569.10 is bearish.

4-18-26: Closed at 601.88. Tradepresuress are up out of the neutral zone. Volumes are bullish. The next target up is 609.71. 587.96 is bearish.

 

Seagate Technology Holding plc

Seagate Technology Holding plc (STX) develops AI-capable hard drives better than any other company. It’s a global leader in storage, providing more than four zettabytes of capacity that covers the cloud, the edge and endpoint devices. Thanks to ongoing demand for its hard drives, especially from data centers, Seagate Technology continues to exceed analyst expectations.

For its second quarter in fiscal year 2026, Seagate Technology reported total revenue of $2.83 billion and earnings of $3.11 per share. That represented 21.5% year-over-year revenue growth and 53.2% year-over-year earnings growth. Analysts expected revenue of $2.76 billion and earnings of $2.84 per share.

The company also provided a positive outlook for the third quarter. Revenue is forecast to come in at about $2.9 billion, and earnings per share are expected to be between $3.20 and $3.60. And thanks to the strong outlook, analysts have increased earnings estimates by 22.2% in the past three months.

The consensus estimate now calls for earnings of $3.47 per share and revenue of $2.94 billion, representing 36% year-over-year revenue growth and 82.6% year-over-year earnings growth. As you know, positive analyst revisions typically precede future earnings surprises. STX is a Moderately Aggressive buy below $446.

SOM Technicals:

12-20-25: Closed at 300.01. Trade pressures are up. Volumes are neutral. The next target up is 312.94.

12-26-25: Closed at 286.22. Trade pressures are uup. Volumes are neutral. The next target down is 278.82.

1-2-26: Closed at 288.10. Trade pressures are up. Volumes are bullish. The next target up is 294.35.

1-10-26: Closed at 304.48. Trade pressures are down, but rising. Volumes are bullish. The next target up is 310.73.

1-24-26: Closed at 346.10. Trade pressures are up. Volumes are up. The next target up is 351.06.

1-30-26: Closed at 403.00. Trade pressures are up but declining. Volumes are neutral. The next target down is 379.01.

2-7-26: Closed at 427.90. Trade pressures are down into the neutral zone. Volumes are neutral. The next target up is 468.32.

2-14-26: Closed at 423.00. Trade pressures are up. Volumes are neutral. The next target up is 447.54.

2-20-26: Closed at 411.15. Trade pressures are down. Volumes are neutral. The next target down is 381.01.

3-27-26: Closed at 377. Trade pressures are down. Volumes are bearish. The next target down is 367.16. Bullish above 402.41.

4-11-26: Closed at 503.70. Trade pressures are up. Volumes are bearish. The next target up is 516.11. 484.45 is bearish.

4-18-26: Closed at 547.75. Trade pressures are up. Volumes are bullish. The next target up is 587.19. 531.19 is bearish.