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,

Top Stocks for July

High-Growth Investments: Top 5 Stocks

HollyFrontier Corp. (HFC) claims the top spot for High-Growth Investments after just one month on the Buy List. If you remember, this is an independent petroleum refiner and marketer that serves the Great Plains, Rocky Mountains and Southwest regions of the U.S. The company produces gasoline, diesel fuel, jet fuel, specialty lubricant products, liquefied petroleum gas, fuel oil, and specialty and modified asphalt. HollyFrontier operates five refineries in Kansas, Oklahoma, New Mexico, Wyoming and Utah.

Now, HFC shares have dipped as the spread between West Texas Intermediate (WTI) and Brent crude oil prices has narrowed. I consider this to be an excellent buying opportunity. The fact is that HollyFrontier still has excellent forecasted fundamentals, and it trades at just 10 times forecasted earnings. I expect that the refiner will rally leading up to its second-quarter report, which will be released in early August. For the current quarter, analysts are forecasting a whopping 147% annual earnings growth and 40.4% annual sales growth.

Then again, analysts have been aggressively revising their estimates higher—over the past ninety days, the consensus EPS estimate has jumped 29.4%. This suggests that analysts are struggling to get a handle on HollyFrontier’s profit potential.

Along with its excellent fundamentals, HFC also rewards its shareholders with a 2.0% dividend yield. I expect that the company will declare its next dividend in late July. In the meantime, I recommend that you buy this Conservative stock up to $76 per share.

SOM Technicals:

6-30-18: Closed at 68.43. Trade pressures are down. Volume has closed as neutral. In the move down and at the 66.42 target.

7-6-18: Closed at 68.60. Trade pressures are down. Volumes are neutral. Holding at the 161.00 pullback level.

7-14-18: Closed at 68.68. Trade pressures are down but rising. Volumes are now neutral. Sitting on support. A close above 72 would trigger a new long entry.

7-20-18: Closed at 71.02. Trade pressures are up. Volumes are now bullish. The next target up is 73.10.

7-29-18: closed at 74.07. Trade pressures are up. Volumes are bullish. The next target up is 75.41.

 

ABIOMED, Inc. (ABMD) returns on the Top 5 list after rallying nearly 8% in the past month. ABIOMED is the only medical devices company that provides technologies that replace or assist the pumping function of a failing heart. This is a big deal because heart disease accounts for some 800,000 deaths in the U.S. alone each year. So ABIOMED provides a life-saving service to tens of thousands of patients and their families. Given strong demand for medical devices to treat heart disease, ABIOMED’s business is booming.

So analysts have high expectations for ABIOMED’s fiscal first quarter, which will be reported sometime in early August. The consensus estimate calls for $0.82 EPS on $173.0 million in revenue. While earnings are expected to be unchanged from a year ago, sales are expected to grow 30.6% over the year ago quarter. ABIOMED has a history of trouncing analysts’ earnings expectations, having posted double-digit earnings surprises for three of the past four quarters.

ABIOMED has been growing so quickly that it was recently added to the S&P 500 Index, replacing Wyndham Worldwide Corp. (WYN). This is great news for the ABMD because fund managers looking to replicate the performance of this index now need to buy shares of this stock. So institutional buying pressure should keep ABMD going strong, even during the bumpy late summer months. Buy this Moderately Aggressive stock up to $446 per share.

SOM Technicals:

3-30-18: Closed at 290.99. Trade pressures are down into the neutral zone. On the 25×5 moving average as support. The next target up is 323.10.

4-7-18: Closed at 286.22. Trade pressures are neutral. Volumes are neutral. the Next target up is 323.10

4-14-18: Closed at 297.00. Trade pressures are up. Volumes are bullish. The next target up is 323.10.

4-21-18: Closed at 305.92. Trade pressures are up. Volumes are bullish. The next target up is 323.10.

4-27-18: Closed at 300.83. Trade pressures are up. Volumes are neutral. The next target up is 323.10.

5-5-18: Closed at 349.28. Trade pressures are up. Volumes are bullish. the next target up is 359.38. 

5-11-18: Closed at 372.70. Trade pressures are up. Volumes are bullish. The next target up is 412.00.

5-19-18: Closed at 384.36. Trade pressures are up. Volumes are bullish. The next target up is 412.

5-26-18: Closed at 391.49. Trade pressures are up. Volumes are bullish. the next target up is 412.00.

6-3-18: Closed at 392.25. Trade pressures are up but turning down. Volumes are neutral. The next target up is 412.00.

6-8-18: Closed at 409.77. Trade pressures are up but turning over. Volumes are neutral. Traded to the 412.00 target and now experiencing profit taking.

6-16-18: Closed at 443.58. Trade pressure are up. Volumes are bullish. The next target up is 463.97.

6-22-18: Closed at 427.29. Trade pressures are up but rolling over. Volumes are now bearish. The next target up is 463.97. Support is the 25×5 moving average at 411.26.

6-30-18: Closed at 409.05. Trade pressures are down into the neutral zone. Volumes are bullish to bearish. At the 25×5 moving average support.

7-6-18: Closed at 406.00. Trade pressures are down. Volumes are bearish. Back at the June breakout levels.

7-14-18: Closed at 418.76. Trade pressures are down but rising. Volumes are now bullish. Need to get thru the 433 resistance.

7-20-18: Closed at 423.48. Trade pressures are up. Volumes are bullish. The next target up is 463.97.

7-29-18: Closed at 368.17. Missed on earnings. Trade pressures are up but trending down. Volumes are high but neutral. Support is at 341.85.

Ecopetrol S.A. (EC) is one of the high-quality energy plays that I added to the High-Growth Investments Buy List last month. Thanks to a series of strategic acquisitions and oilfield discoveries, Ecopetrol is Colombia’s largest oil company and Latin America’s fourth-largest oil company. With operations in Brazil, Colombia, Peru and the U.S. Gulf Coast, Ecopetrol accounts for 60% of oil production in Colombia.

With oil production plummeting in Venezuela, Brent crude oil prices are on the rise. Ecopetrol is benefitting from this trend. Also, Colombia’s Presidential elections, which were held a few weeks ago, had a favorable outcome for Colombia’s oil industry. President Ivan Duque has pledged to cut taxes and boost the company’s competitiveness in the energy patch.

In the meantime, Ecopetrol has been thriving in this environment. Ecopetrol expects 2018 production to range between 715,000 and 725,000 barrels of oil equivalent per day. This, plus rising oil prices, translates to strong forecasted sales and earnings growth. For the current quarter, analysts are calling for $0.37 EPS on $5.13 billion in revenue. This represents 68.1% annual earnings growth and 11.7% annual sales growth. So I’ll be looking forward to Ecopetrol’s fiscal second-quarter earnings report, which is slated for August 7. Buy this Moderately Aggressive stock up to $23 per share.

SOM Technicals:

6-30-18: Closed at 20.55. Trade pressures are rising into the neutral zone. Volumes are bullish. Meeting the 25×5 moving average resistance at the 21.03 level. 

7-6-18: Closed at 20.49. Trade pressures are up into the neutral zone. Volumes are now bullish. A close above 20.44 would signal higher.

7-14-18: Closed at 20.72. Trade pressures are in the neutral zone. Volumes are mixed neutral and bullish. The next target up is 23.28.

7-20-18: Closed at 20.85. Trade pressures are in the neutral zone. Volumes are now bullish. The next target up is 23.28.

7-29-18: Closed at 20.68. Trade pressures are still in the neutral zone. Volumes are bearish. Consolidating after a new buy signal.

S&P Global, Inc. (SPGI) continues its five-month winning streak on the Top 5 list. As a refresher, S&P Global is a leading provider of credit ratings, and is relied on by countless financial professionals for its data and custom indices. It operates several business units, including S&P Market Intelligence, S&P Global Ratings, S&P Dow Jones Indices and S&P Global Platts.

Lately, S&P Global has been on a buying spree. It recently purchased artificial intelligence company Kensho Technologies for $550 million. And just last week, the company announced that it has bought RateWatch from TheStreet, Inc. (TST) for $33.5 million. RateWatch operates a deposit and loan rate database that tracks 100,000 financial institutions over the past 28 years. Its database is used by more than 4,200 banks and credit unions. When it comes to the depth of data that it collects, RateWatch is unmatched in the industry.

These acquisitions build upon S&P Global’s already strong fundamentals. For the current quarter, analysts are projecting $2.14 EPS on $1.61 billion in revenue. This works out to 24.4% annual earnings growth and 6.6% sales growth. S&P Global has surpassed analysts’ estimates for the past several quarters running, and I expect a repeat performance here. We won’t have to wait long until S&P Global’s second-quarter report, which is due around July 26.

S&P Global also has a dividend date coming up—SPGI will go ex-dividend on August 27. Shareholders of record will receive $0.50 per share on September 12. This quarter’s payout represents a 22% increase over the $0.41 dividend paid a year ago. At current prices, SPGI has a 1.0% annual dividend yield. Buy this Conservative stock up to $218 per share.

SOM Technicals:

2-25-18: Closed at 191.67. Trade pressures are up. Volumes are bullish. The next target up is 203.26.

3-2-18: Closed at 189.02. Trade pressures are up but declining. Volumes are bearish. The next target up is 203.26.

3-11-18: Closed at 194.96. Trade pressures are up but declining. Volumes are bullish. The next target up is 203.26.

3-17-18: Closed at 192.51. Trade pressures are down into the neutral zone. Volumes are neutral. Support is the 25×5 at 189.

3-23-18: Closed at 186.49. Trade pressures are down. Volumes are bearish. Has just broken the 25×5 support. The next target down is 185.18, then 177.41.

3-30-18: Closed at 191.06. Trade pressures are down. Volumes are neutral. Consolidating at the 185 target.

4-7-18: Close at 189.74. Trade pressures are in the neutral zone. Volumes are bearish. Consolidating at the 185 downside target.

4-14-18: Closed at 190.76. Trade pressures are up. Volumes are bullish. Need a close above the downtrend resistance line at 196.38.

4-21-18: Closed at 192.96. Trade pressures are up. Volumes are now bearish. Support at 190.67.

4-27-18: Closed at 187.07. Trade pressures are down into the neutral zone. Volumes are neutral. The next target down is the 177.41 level.

5-5-18: Closed at 192.17. Trade pressures are down but rising. Volumes are now bullish. A new long entry at 192.04.

5-11-18: Closed at 199.99. Trade pressures are up. Volumes are bullish. The next target up is 204.16.

5-19-18: Closed at 197.92. Trade pressures are up. Volumes are now neutral. the next target up is 204.16

5-26-18: Closed at 200.34. Trade pressures are up. Volumes are mixed bearish to bullish. The next target up is 204.16.

6-3-18: Closed at 200.32. Trade pressures are up but declining. Volumes are now neutral. The next target up is 204.16.

6-8-18: Closed at 206.47. Trade pressures are up. Volumes are bullish. The next target up is 216.28.

6-16-18; Closed at 208.68. Trade pressures are up. Volumes are bullish. The next target up is 209.09.

6-22-18: Closed at 206.35. Trade  pressures are up. Volumes are bearish. The next target up is 215.08. Support is at the 25×5 moving average at 201.71.

6-30-18: Closed at 203.89. Trade pressures are down into the neutral zone. Volumes remain bearish. At the 25×5 moving average support level.

7-6-18: Closed at 206.37. Trade pressures are up. Volumes are now bullish. One of the few that has not broken down in this pullback.

7-14-18: Closed at 210.65. Trade pressures are up. Volumes remain bullish. The next target up is 215.08.

7-20-18: Closed at 212.22. Trade pressures are up. Volumes are bullish. The next target up is 216.28.

7-29-18: Closed at 203.86. Trade pressures are up but turning down. Volumes are bearish. Support at 198.

Heico Corp. (HEI), another new addition to the Buy List, rounds out this month’s Top 5 stocks. Heico hit my radar last month because it has a near-monopoly on a very lucrative business. That is, it makes and sells replacement parts to the airline industry, as well as to the U.S. government. To date, Heico Corporation has made and delivered 69.6 million airplane parts. And not a single one has failed.

On top of its exemplary safety record, Heico sets its prices below other dominant suppliers. So it’s no wonder why Heico sells to 19 of the world’s top 20 airlines, as well as satellite manufacturers, defense equipment producers and government agencies worldwide.

Heico Corp. is expected to release its fiscal third-quarter sales and earnings towards the end of August. Right now, the consensus estimate is for $0.56 EPS on $439.1 million in revenue. This represents 33.3% annual bottom-line growth and 12.1% top-line growth. However, given that Heico has beaten analysts’ earnings estimates for the past three consecutive quarters, I expect that it’ll do even better.

In the meantime, we’re fast approaching Heico Corp.’s next dividend date. HEI will go ex-dividend on July 10. Shareholders of record will receive $0.06 per share on July 19. At current prices, HEI has a 1.9% annual dividend yield. And just as a reminder, HEI recently completed a 5-for-4 stock split. Shareholders of record on June 21 should have received a 25% stock dividend on June 27. Buy this Conservative stock up to $78 per share.

SOM Technicals:

6-30-18: Closed at 72.93. Trade pressures are down. Volumes are now neutral. In the move down and at the 71.70 downside target. The next target down is 67.90.

7-6-18: Trade pressures are down but rising. Volumes are still bearish. The 71.70 level has held support for 12 days.

7-14-18: Closed at 76.11. Trade pressures are up. Volumes are bullish. The next target up is 77.86.

7-20-18: Closed at 77.71. Trade pressures are up. Volumes are bullish. The next target up is 83.25.

7-29-18: Closed at 75.94. Trade pressures are up but turning down. Volumes are bullish to neutral. 25×5 support at 74.83.