The following is provided by Navellier with technical comment from South Ocean Management – pls do your own due diligence.
(For this 2021 year, SOM will track only the Top 5 Hi-Growth Investments.)

https://navelliergrowth.investorplace.com/

High-Growth Investments

Crocs, Inc.

Crocs, Inc. (CROX) developed the “foot massaging” shoe back in 2002, and since then, the company’s product line has exploded. The company offers a line of casual shoes for men, women and children that range from the Crocs’ well-known clog to flip flops, wedges, work flats, slip-ons, rain boots, sandals, slides, loafers, Mary Janes and even sneakers.

We originally added the stock to the High-Growth Investments Buy List in the October Monthly Issue, as the company was gearing up for a blowout quarterly report. Well, last week, Crocs did not disappoint.

Third-quarter revenue jumped 73% year-over-year to $625.9 million, which was a new record and topped estimates for $610.01 million. Adjusted third-quarter earnings surged 162.8% year-over-year to $2.47 per share, compared to $0.94 per share in the third quarter of 2020. Analysts were expecting adjusted earnings of $1.88 per share, so Crocs beat estimates by 31.4%.

Looking forward, Crocs anticipates that demand will remain strong and that it will achieve more than 60% revenue growth for its fiscal year. For full-year 2021, Crocs expects revenue to grow between 62% and 65%. Thanks to the positive outlook, the analyst community has upped fourth-quarter and full-year earnings estimates over the past week. CROX is a Conservative buy below $172.

SOM Technicals:

10-30-21: Closed at 162.00 Trade pressures are down but rising into the neutral zone. Volumes are now neutral. The next target up is 175.12.

11-06-21: Closed at 180.17. Trade pressures are up. Volumes are bullish. the next target up is 197.37.

11-12-21: Closed at 180.57. Trade pressures are down into the neutral zone. Volumes are bullish. A close below 173.34 signals lower.

11-19-21: Closed at 175.50. Trade pressures are down. Volumes are now bearish. The next target down is 165.06

 

EPAM Systems, Inc.

EPAM Systems, Inc. (EPAM) is a software engineering services company, with operations in more than 35 countries. EPAM Systems primarily helps business adapt, grow more agile and faster, and stay competitive amidst a constantly evolving digital world. The company offers consultants and data expertise, designers to customize and develop digital experiences, engineers to construct software platforms, next-generation software solutions and process optimization solutions.

The global COVID-19 pandemic accelerated digital transformation—and, in turn, EPAM Systems business boomed. In fact, EPAM Systems anticipates full-year revenue growth of about 37%. Full-year earnings per share are forecast to be between $8.25 and $8.44, up from $6.34 per share in 2020. And given the strong outlook, analysts have increased earnings estimates over the past three months.

EPAM Systems will post third-quarter results on Thursday, November 4, before the stock market opens. The current consensus estimate calls for earnings of $2.22 per share, or 34.5% year-over-year earnings growth, and for revenue of $964.12 million. EPAM is a Conservative buy below $723.

SOM Technicals:

10-30-21: Closed at 673.24. Trade pressures are up. Volumes are bullish. The next target up is 700.

11-06-21: Closed at 705.06. Trade pressures are up. Volumes are neutral. The next target up is 723.53.

11-13-21: Closed at 671.36. Trade pressures are down. Volumes are bearish.  The next target down is 628.76.

11-19-21: Closed at 663.64. Trade pressures are down but rising. Volumes remain bearish. The next target down is 628.75.

 

Extra Space Storage, Inc.

Extra Space Storage, Inc. (EXR) has earned a spot on the Top 5 Stocks list every month since we added the stock to the High-Growth Investments Buy List in August. The reality is the real estate investment trust (REIT) continues to offer a healthy blend of growth and income. EXR earns an A-rating in Portfolio Grader and a B-rating in Dividend Grader.

Extra Space Storage is the second-biggest operator of self-storage units in the U.S., providing traditional storage units and non-traditional storage options for boats and RVs. The REIT’s business has boomed amidst the pandemic, as folks purchased boats and RVs and needed a place to store them. Others turned to Extra Space Storage for the self-storage units, whether it was for short-term storage between new homes or freeing up space in their current homes while they were “nesting.”

On Wednesday afternoon, Extra Space Storage released stunning results for its third quarter, thanks to “record-setting occupancy and exceptionally strong rental rates.” The REIT reported that same-store occupancy was 96.7% at the end of the quarter, up from 95.8% in the same quarter a year ago. Same-store revenue also rose 18.4% year-over-year.

Third-quarter earnings jumped 59.1% year-over-year to $1.40 per share, up from $0.88 per share in the same quarter last year. Analysts were expecting earnings of $1.22 per share, so Extra Space Storage topped estimates by 14.8%.

The REIT also noted that its core funds from operations (FFO) increased 41% year-over-year to $1.85 per share, compared to $1.31 per share in the third quarter of 2020. Looking forward, Extra Space Storage expects full-year 2021 core FFO per share to be between $6.75 and $6.85.

I should also add that Extra Space Storage has paid a dividend for 47-straight quarters. Most recently, the REIT paid a third-quarter dividend of $1.25 per share. The stock has a 2.6% dividend yield. EXR remains a Conservative buy below $210.

SOM Technicals:

08-26-21: Closed at 183.46. Trade pressures are up. Volumes are bullish. The next target up is 210.40, but at resistance here.

09-04-21: Closed at 193.71. Trade pressures are up. Volumes are bullish. Next target up is 200.32.

09-11-21: Closed at 187.05. Trade pressures are down. Volumes are bearish. The next target down is 181.91.

09-18-21: Closed at 180.12. Trade pressures are down. Volumes are bearish. The next target down is 174.02.

09-26-21: Closed at 172.61. Trade pressures are down. Volumes are bearish. The next target down is 166.05.

10-02-21: Closed at 168.94. Trade pressure are down. Volumes are bearish. At the prior low support, 168.65.

10-09-21: Closed at 171.12. Trade pressures are up. Volumes are bullish. Need a close above the 25×5 MA at 178.29.

10-23-21: Closed at 185.93. Trade pressures are up. Volumes are bullish. The next target up is 188.00.

10-30-21: Closed at 197.37. Trade pressures are up. Volumes are bullish. The next target up is 200.82.

11-06-21: Closed at 194.71. Trade pressures are down into the neutral zone. Volumes are neutral. The next target down is 189.64.

11-13-21: Closed at 187.96. Trade pressures are rising up out of the neutral zone. Volumes are bearish. The next target up is the prior high at 203.99.

11-19-21; Closed at 202.09. Trade pressures are up. Volumes are now bearish. 197.58 starts a new move down.

 

Quanta Services, Inc.

Quanta Services, Inc. (PWR) provides specialty contractor services and infrastructure solutions to a variety of industries, including energy, communications, pipeline, renewable energy and utility. We added the stock to the High-Growth Investments Buy List back in June because it is uniquely positioned to benefit from the shift to 5G.

In fact, Quanta Services reported that it experienced strong demand for its services and solutions as communications providers upgraded, modernized and prepared for 5G network deployment. At the end of the second quarter, the company had a backlog of $17.0 billion. The strength of its business carried over into the third quarter—and is expected to remain robust for the rest of 2021 and beyond.

Quanta Services is scheduled to announce results for its third quarter before the stock market opens on Thursday, November 4. The current consensus estimate calls for earnings of $1.45 per share on $3.43 billion in revenue, up from earnings of $1.40 per share and revenue of $3.02 billion in the same quarter a year ago. Analysts have upped earnings estimates over the past three months, and as you know, positive analyst revisions typically precede future earnings surprises. PWR is a Conservative buy below $130.

SOM Technicals:

09-26-21: Closed at 117.29. Trade pressures are up. Volumes are bullish. The next target up is the prior high of 119.70.

10-02-21: Closed at 116.67. Trade pressures are up into the neutral zone. Volumes are bullish. The next target up is the 119.70 prior high.

10-09-21: Closed at 112.77. Trade pressures are down but rising. Volumes are neutral. The next target down is 103.14.

10-23-21: Closed at 118.06. Trade pressures are up. Volumes are bullish. The next target u is 130, the upper median line.

10-30-21: Closed at 121.28. Trade pressures are down into the neutral zone. Volumes are bullish. The next target down is 117.38.

11-06-21: Closed at 117.42. Trade pressures are down but rising. Volumes are now bullish. The next target down is 115.45.

11-13-21: Closed at 116.38. Trade pressures are down. Volumes are now bullish. The next target up is the 120 resistance.

11-19-21: Closed at 121.06. Trade pressures are up. Volumes are bullish. The next target up is the prior high at 124.69.

 

Tempur Sealy International

Tempur Sealy International (TPX) is a leading manufacturer of mattresses and bedding products in the U.S. and internationally, as its products are sold in more than 100 countries around the world. Tempur Sealy International offers many well-known brands like Tempur, Tempur-Pedic, Cocoon by Sealy, Sealy and Stearns & Foster. As a result, its business has been booming: In 2020, the company’s total sales climbed 18.4% year-over-year to $3.68 billion.

The strong demand for its products has continued in fiscal year 2021, despite supply constraints and port bottlenecks. In fact, on Thursday, Tempur Sealy International posted its fifth-straight quarterly earnings surprise.

Third-quarter adjusted earnings rose 18.9% year-over-year to $0.88 per share, up from $0.74 per share in the same quarter a year ago. Revenue increased 20% year-over-year to $1.36 billion, compared to $1.13 billion in the third quarter of 2020. Analysts were expecting adjusted earnings of $0.84 per share on $1.34 billion in revenue.

Given the strength of its business year-to-date despite supply constraints, Tempur Sealy now expects full-year 2021 revenue to grow more than 35% year-over-year. Adjusted earnings per share are forecast to be between $3.20 and $3.30, which compares to earnings of $1.91 per share in fiscal year 2020.

Tempur Sealy also announced that it will pay a fourth-quarter dividend of $0.09 per share on November 23. All shareholders of record on November 11 will receive the dividend. The stock has a 0.8% dividend yield. TPX is a Conservative buy below $48.

09-26-21: Closed at 49.37. Trade pressures are up. volumes are bullish. The next target up is the prior high at 50.51.

10-02-21: Closed at 46.53. Trade pressures are down. Volumes are bearish. The next target down is 45.04.

10-09-21: Closed at 44.99. Trade pressures are up into the neutral zone. Volumes are bearish. The next target down is 41.66.

10-23-21: Closed at 47.92. Trade pressures are up. Volumes are bullish. The next target up is the prior high, 50.61.

10-30-21: Closed at 44.47. Trade pressures are down. Volumes are now neutral. The next target down is 41.66.

11-06-21: Closed at 45.08. Trade pressures are up. Volumes are bearish. The next target down is 41.86.

11-13-21: Closed at 44.83. Trade pressures are up into the neutral zone. Volumes are now neutral. the next target up is 47.16.

11-19-21: Closed at 43.98. Trade pressures are down. Volumes are bearish. The next target down is the 200 day MA at 40.73.