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,

High-Growth Investments

CME Group, Inc.

CME Group, Inc. (CME) remains a Top 5 Stock for February as it continues to outperform the S&P 500. As we’ve talked about before, CME runs the world’s leading marketplace, the Chicago Mercantile Exchange.

Simply put, CME Group dominates the world of options trading. In fact, its tagline is that it is “where the world comes to manage risk.” For those of you who aren’t as familiar with the CME, or “the Merc,” it trades several types of financial instruments: Interest rates, equities, currencies and commodities (like energy, agricultural products and metals). CME Group executes trades through its electronic trading platforms, and it also provides hosting, connectivity and customer support for electronic trading.

CME made a couple of records recently. It saw Asia Pacific average daily volume (ADV) increase 45% to 921,000 contracts in the fourth quarter. On a global scale, there was an 18% increase to 19.2 contracts ADV.

I expect this strength to be reflected in the company’s upcoming fourth-quarter report on February 14. Analysts are expecting earnings of $1.72 per share on revenue of $1.2 billion. This represents 53.6% annual earnings growth and 32% annual revenue growth.

In addition, the company continues to reward its shareholders. CME just paid a special dividend of $1.75 per share on January 16. All shareholders of record on December 10 should have received the dividend. Continue to buy this Conservative stock up to $199.

SOM Technicals:

11-30-18: Closed at 190.08. Trade pressures are down. Volumes are neutral. Support at 184.15.

12-8-18: Closed at 187.11. Trade pressures are down. Volumes are bearish. The 25×5 day MA is holding as support.

12-15-18: Closed at 187.54. Trade pressures are up in the neutral zone. Volumes are bearish. Holding support at the 25×5 MA.

12-22-18: Closed at 182.65. Trade pressures are down. Volumes are bearish.Now in the downtrend with support at 181.

12-29-18: Closed at 186.11. Trade pressures are rising into the neutral zone. Volumes are bullish. Resistance is at the 189.70 target.

1-5-19: Closed at 184.68. Trade pressures are down into the neutral zone. Volumes have changed to bullish. In the move up. The next target up is 190-86.

1-12-19: Closed at 180.55. Trade pressures are down. Volumes are now neutral. The 200 day MA at 171 is support.

1-19-18: Closed at 183.43. Trade pressures are up. Volumes are now bullish. In the new move up to the 186.91 target.

1-26-19: Closed at 185.94. Trade pressures are up. Volumes are bullish. The next target up is 192.91.

2-2-19: Closed at 183.44. Trade pressures are up into the neutral zone. Volumes are bullish. 186.91 is the next target up.

2-8-19: Closed at 178.20. Trade pressures are now down. Volumes are neutral. Bounced off the 200 day MA. need a move above 177.50 to get going again.

2-16-19: Closed at 175.40. Trade pressures are in the neutral zone. Volumes are now bearish. At support on the 200 day moving average.

 

DexCom, Inc.

DexCom, Inc. (DXCM) is now officially a Top 5 Stock for two months in a row. I really like this company because it has been innovating the continuous glucose monitoring (CGM) industry. In case you are unfamiliar with CGM, it’s a technology that enables patients and their doctors to better manage diabetes.

With DXCM’s technology, a diabetic does not need to prick their finger to test their blood glucose levels. Instead, he or she inserts a small sensor under the skin. The diabetic will then be notified via a display device when their glucose levels are either too low or high. It’s simple, user-friendly and pain-free.

As the leader in CGM, DXCM offers a variety of products, including the Dexcom G6 CGM System, Dexcom G5 CGM System, Dexcom CLARITY, Dexcom Apps, Dexcom Studio and insulin pumps. These products have helped improve patient experiences, add real-time glucose data with alerts and alarms, share data and reduce costs.

Here’s the opportunity: The current CGM market includes six million people. That market will expand to 60 million people who suffer from diabetes, as CGM is expected to play a key role in helping to manage the disease. So, DXCM should see strong demand for its products and services going forward.

DXCM will release its fourth-quarter results on February 21. It has a strong history of beating estimates, and I expect this quarter to be no different. The Street view is for earnings of $0.17 per share, up 70% from last year’s $0.10 per share. Revenue is set to rise 35.6% to $299.67 million, up from $221 million last year. Earnings per share estimates have been revised higher in the past week alone, so a quarterly earnings surprise is likely. This Aggressive stock us a buy under $170.

SOM Technicals:

12-22-18: closed at 108.32. Trade pressures are down. Volumes are bearish. The next target down is 99.47. Now sitting on support at the 200 day MA.

12-29-18: Closed at 118.28. Trade pressures are down but rising. Volumes are bullish. The next target up is 127.38.

1-5-19: Closed at 116.24. Trade pressures are down into the neutral zone. Volumes are now neutral. At the 200 day MA and support.

1-12-19: Closed at 142.00. Trade pressures are up. Volumes are bullish. Moved sharply up off the 200 day MA. Now at the retracement target and should consolidate here.

1-19-18: Closed at 149.62. Trade pressures are up and extended. Volumes are bullish. At the 141.18 target, expect consolidation here.

1-26-19: Closed at 146.00. Trade pressures are up but rolling over. Volumes are bearish. Support is 141.00.

2-2-19: Closed at 141.78. Trade pressures are now down. Volumes are bearish to bullish. The 25×5 MA is lower at 136.52.

2-8-19: Closed at 145.53. Trade back up into the neutral.zone. Volumes are bullish. In the up trend. The next target up is 163.51.

2-16-19: Closed at 148.49. Trade pressures are in the neutral zone. Volumes are now bullish. The next target up is 163.51.

 

Fortinet

Fortinet (FTNT) is a solid Top 5 Stock, as it’s set to benefit from a shift in leadership to cybersecurity companies. Fortinet provides unified security solutions that can be deployed over digital networks to protect users against malware, spam and network intrusions. The company provides its security solutions to data centers, enterprises, carriers and distributed offices around the globe. Fortinet currently boasts a portfolio of more than 530 patents worldwide.

Those security solutions have helped the company grow nicely. For the third quarter, it brought in $453.9 million in revenue. This represented a 21% increase over Q3 2017. This also beat the $450.9 million consensus estimate. Meanwhile, net income soared 120% year-over-year to $58.7 million, or $0.33 per share. Adjusted earnings came in at $0.49 per share. Analysts were expecting earnings of $0.42 per share, so Fortinet posted a 16.7% earnings surprise.

Earnings are expected to continue to climb in the fourth quarter. Results are scheduled to be released on February 6. Analyst expectations are for earnings of $0.52 per share on $496.4 million. This represents a 62.5% in average annual earnings and 19.1% in average annual revenue.

While FTNT has been volatile lately, the company’s long-term story remains intact. And strong fourth-quarter report should ultimately drive the stock higher. This Moderately Aggressive stock is a buy up to $82.

SOM Technicals:

9-29-18: Closed at 92.27. Trade pressures are up. Volumes are bullish. The next target up is 99.90.

10-7-18: Closed at 86.10. Trade pressures are down into the neutral zone. Volumes are bearish. Support is at 83.83.

10-13-18: Closed at 79.95. Trade pressures are down. Volumes are bearish. The old upside target of 277.70 could hold support.

10-20-18: Closed at 81.20. Trade pressures are down but rising. Volumes are now bullish. 84.20 signals a new long entry.

10-28-18: Closed at 78.19. Trade pressures are down but showing some divergence. Volumes are neutral. The next target down is 76.14.

11-3-18: Closed at 72.56. Trade pressures are up into the neutral zone. Volumes are bearish. The 200 day is the next support at 65.28.

11-10-18: Closed at 74.73. Trade pressures are neutral. Volumes are neutral to bearish. Need a close above 79.15 to get going again.

11-17-18: closed at 73.45. Trade pressures are in the neutral zone. Volumes are bearish. At support/ Need the close above 79.16 to resume the move up.

11-24-18: Closed at 67.96. Trade pressures are now down. Volumes are mixed bullish to neutral. At the 200 day MA. Need a  close above 72.11 to resume any move up.

11-30-18: Closed at 73.84. Trade pressures are up into the neutral zone. Volumes are bullish. The 200 day MA was support. the next target up is 77.70.

12-8-18: Closed at 71.61. Trade pressures are up but turning down. Volumes are neutral. At the new long entry of 72.11.

12-15-18: Closed at 72.91. Trade pressures are down into the neutral zone. Volumes are bearish. 68.91 is support at the 200 day MA.

12-22-18: Closed at 65.84. Trade pressures are down. volumes are bearish. At the 200 day MA support. The prior low is 64.65.

12-29-18: Closed at 70.34. Trade pressures are down but rising. Volumes are bullish. A close above 72.11 would start another move up.

1-5-19: Closed at 66.91. Trade pressures are back down into the neutral zone. Volumes are bearish. The next target down is 58.81.

1-12-19: Closed at 73.27. Trade pressures are up. Volumes are bullish. The downtrend resistance is just above at 74.53. Need a break above that level.

1-19-18: Closed at 70.50. Trade pressures are down into the neutral zone. Volumes are bearish. Sitting on the 200 day MA and the new short entry at 70.17.

1-26-19: Closed at 73.59. Trade pressures are now up. Volumes are bullish. In a new uptrend. The next target up is 77.18, the prior high pivot.

2-2-19: Closed at 78.90. Trade pressures are up. Volumes are bullish. 79.14 is new long entry. Support is now at the 200 day MA @ 72.16.

2-8-19: Closed at 81.02. Trade pressures are up but rolling over. Volumes are bullish to neutral. 75.23 would signal a new move down.

2-16-19: Closed at 83.11. Trade pressures are up but declining. Volumes are bullish. The next target up is 89.00.

 

Lululemon Athletica

Lululemon Athletica (LULU) has exhibited tremendous relative strength recently, so I continue to like it as a Top 5 Stock. Over the past two decades, Lululemon has led the athleisure fashion movement. Initially, LULU grew by word of mouth, pop-up shops in yoga studios and brand ambassadors. Lululemon has more than 400 stores across four continents. And for workout buffs who are too busy to drive to their nearest store, there are multiple Lululemon e-commerce sites and mobile apps.

Even as it has grown its global footprint and customer base, Lululemon has kept true to its founding values. It differentiates itself by making some of the highest quality and most comfortable workout clothing that money can buy.

The company is also expanding into mass sports distribution and capturing market share from big-name athletic apparel companies like Nike (NKE) and Under Armour (UAA). That expansion was reflected in Lululemon’s third-quarter earnings report, where it beat estimates on the top and bottom lines.

Company management expects to open six more stores in the fourth quarter, which should attract new customers. It is also working on expanding its outerwear line, building a bigger footprint outside of the U.S. and improve its website.

So, I’m anxiously awaiting the company’s fourth-quarter report. The consensus estimate calls for earnings of $1.74 per share on $1.15 billion in revenie, which translates to 23.5% annual revenue growth and 30.8% annual earnings growth. Earnings estimates have been revised 6.1 higher in the past two months, so a fifth-straight quarterly earnings surprise is likely. This Conservative stock is a buy below $170.

SOM Technicals:

7-30-18: Closed at 120.00. Trade pressures are down. Volumes are bearish. Consolidating at the prior 119.00 target level.

8-4-18: Closed at 126.08. Trade pressures are rising into the neutral zone. Volumes are bullish. Still in the consolidation zone. Need a close above 130.05 to start a new move up.

8-10-18: Closed at 130.52. Trade pressures are up. Volumes are bullish. The next target up is 150.12.

8-18-18: Closed at 130.19. Trade pressures are up. Volumes are neutral. One of the few with an upward bias in August.

8-26-18: Closed at 138.76. Trade pressures are up. Volumes are bullish. The next target up is 150.12.

9-1-18: Closed at 154.93. Trade pressures are up. Volumes are neutral. Big earnings surprise puts LULU above the 150.12 target. The next target up is 170.18.

9-8-18: Closed at 150.82. Trade pressures are up. Volumes are neutral. The next target up is 170.18.

9-15-18: Closed at 153.71. Trade pressures are up and trending. Volumes are neutral. The next target up is 170.18.

9-23-18: Closed at 156.99. Trade pressures are up and trending. Volumes are bullish. The next target up is 170.18.

9-29-18: Closed at 162.49. Trade pressures up and trending. Volumes are bullish. The next target up is 170.18.

10-7-18: Closed at 153.84. Trade pressures are up but turning down. Volumes are bearish. The next target down is the 25×5 moving average at 148.50.

10-13-18: Closed at 143.71. Trade pressures are down. Volumes are bearish. The initial long entry at 130.05 is the the next support.

10-20-18: closed at 136.77. Trade pressures are down. Volumes are bearish. the prior long entry at 130.05 is support.

10-28-18: Closed at 134.82. Trade pressures are down. volumes are bearish. the next target down is 131.02.

11-3-18: Closed at 142.02. Trade pressures are down but rising. Volumes are bullish.  144.25 is the new long entry.

11-10-18: Closed at 137.56. Trade pressures are neutral. Volumes are bearish. support at the 133.13 low pivot.

11-17-18: Close at 139.02. Trade pressures are in the neutral zone. Volumes are mixed, bullish to bearish. At support need a close above the 144.35 level to resume the move up.

11-24-18: Closed at 120.86. Trade pressures are down. Volumes are neutral. At the 200 day MA. Need a close above 129.64 to start a new move up.

11-30-18: Closed at 132.55. Trade pressures are up into the neutral zone. Volumes are bullish. Again a nice bounce off the 200 day MA. This close above 129.64 restarts the move up.

12-8-18: Closed at 113.87. Trade pressures are into neutral zone. Volumes are very bearish. Next target down is 103.91.

12-15-18: Closed at 119.12. Trade pressures are down but showing divergence. Volumes are bearish. At the 200 day MA and holding.

12-22-18: Closed at 113.74. Trade pressures are down. Volumes are bearish. Now below the 200 M day MA and at the 114.68 downside target level.

12-29-18: Trade pressures are up into the neutral zone. Volumes are bullish. Need a close above the 131.20 level to restart the move up.

1-5-19: Closed at 128.55. Trade pressures are up. Volumes are bullish. The next target up is the downtrend resistance at 130.

1-12-19: Closed at 131.52. Trade pressures are up but rolling over. Volumes are now bullish. In a new move up, the next target up is the old high of 164.

1-19-18: Closed at 152.07. Trade pressures are up and trending. Volumes are bullish. In the new move up from the 137.77 level. The next target up is 164.82.

1-26-19: Closed at 151.89. Trade pressures are up and trending. Volumes are bullish. In consolidation. The next target up is 164.82.

2-2-19: Closed at 146.12. Trade pressures are up but rolling over. Volumes are now bearish. Support at 143.00.

2-8-19: Closed at 148.62. Trade pressures are in the neutral zone. Volumes are bearish closing bullish. The next target up is 164.82.

2-16-19: Closed at 151.09. Trade pressures are up but turning down. Volumes are bearish. Support a t 144.00.

 

Veeva Systems

Veeva Systems (VEEV) has been on fire since I recommended it in our January Monthly Issue, up about 30%. The company is a leading provider of cloud software solutions for the life sciences industry. Veeva System’s solutions help pharmaceutical and life sciences companies use cloud-based architectures and mobile applications for their businesses.

Today, VEEV offers a variety of cloud computing solutions that fall under the Veeva Commercial Cloud, a suite of multichannel customer relationship management (CRM) applications, and Veeva Vault, a cloud-based enterprise content management application for managing commercial functions. The company has a number of well-known clients, including AstraZeneca, Teva Pharmaceuticals and Bayer.

For the third quarter, Veeva System’s revenues rose 26.7% to $224.7 million, compared to $177 million a year ago. VEEV’s earnings increased from $0.25 per share to $0.45 per share – a whopping 80% year-over-year increase. These results came in well above analysts’ expectations for earnings of $0.38 per share on $216.2 million in revenue. This represents an 18.4% earnings surprise and 3.9% revenue surprise.

Company management will announce fourth-quarter results in late February, and earnings momentum is expected to continue. The consensus estimates are for earnings per share of $0.40, a 74% year-over-year jump from the $0.23 per share. Revenue should grow 22.7% year-over-year to $226.9 million.

I think the company could easily top estimates given the healthy double-digit growth in the healthcare computing industry. Its results have beat the Street view more than six quarters in a row, and odds are good we’ll see that again in the fourth quarter. This Moderately Aggressive stock is a buy up to $123.

SOM Technicals:

1-26-19: Closed at 109.22. Trade pressures are up. Volumes are bullish. At resistance . The next target up is 114.84.

2-2-19: Closed at 113.27. Trade pressures are up but turning down. Volumes are bullish. Good move into earnings. The next target up is 114.84.

2-8-19: Closed at 114.90. Trade pressures are up and trending. Volumes are bullish. Consolidating at the 114.84 target.

2-16-19: Closed at 120.81. Trade pressures are up and trending. Volumes are bullish. The next target up is 130.00.

 

Elite Dividend Payers

BG Staffing, Inc.

BG Staffing, Inc. (BGSF) is back as a Top 3 Stock list this month. For more than a decade, BG Staffing has provided temporary staffing, including individual placements and turnkey solutions, for positions across the U.S. The company provides skilled office and maintenance personnel, IT professionals, administrative and clerical personnel, as well as finance and accounting professionals. BG Staffing is based in Plano, Texas.

Since its founding in 2007, the company’s business has rapidly expanded, thanks in part to strategic acquisitions. For example, in 2017, BG Staffing acquired Zycron, Inc., which is a leading provider of IT temporary staffing for companies in the southeast. The acquisition expanded BG Staffing’s reach to include Nashville, Memphis and Chattanooga, where Zycron’s offices were located.

The strengthening U.S. economy remains a good catalyst for BGSF’s future growth. It was reported last Friday that jobless claims fell to a five-week low. This means that companies are hiring more, which should directly benefit BGSF since its job is to supply skilled workers.

The company will report its fourth-quarter results in late January or early February. Earnings are expected to come in at $0.39 per share on revenues of $75.3 million. This a huge 490% increase from the $0.10 per share loss reported a year ago. Revenues are forecast to be slightly down year-over-year from $75.7 million.

Overall, BGSF’s earnings growth remains very strong, and the stock also carries a solid 5.4% dividend yield at current prices. Buy this Aggressive stock up to $26.

SOM Technicals:

1-26-19: Closed at 23.23. Trade pressures are up and trending. Volumes are bullish. At the 200 day MA and acting as resistance. The next target up is 25.59.

2-2-19: Closed at 26.27. Trade pressures are up. Volumes are bullish. Nice move up and thru the 25.59 target. 29.90 is the next target up.

2-8-19: Closed at 26.50. Trade pressures are up and trending. Volumes are bullish. The next target up is 29.11.

2-16-19: Closed at 27.75. Trade pressures are up and trending. Volumes are bullish. The next target up is 29.11.

 

Medifast, Inc.

Medifast, Inc. (MED) is back as one of our Top 3 Stocks, and remains one of my favorite dividend plays. The company is in the business of helping people achieve their nutritional and weight-loss goals. Based in Maryland, Medifast is a nutrition and weight-loss company that provides several programs to help people lose weight and eat healthier.

The company is known for its Medifast Meals, which are fortified with nutrients and vitamins, as well as include low-fat protein and fiber. So the meals provide essential nutrition, while helping people lose weight.And with the New Year celebrations behind us, folks are looking to achieve their New Year’s resolutions with a little guidance from Medifast.

Along with its meal plans, Medifast also offers OPTAVIA, a brand that includes wellness products, programs and coaching. The goal of OPTAVIA is to help people make a life change, not just diet. So OPTAVIA provides resources that allow people to develop healthier lifestyles.

Looking forward, Medifast is expected to continue to report stunning earnings and sales growth for the fourth quarter. Currently, the analyst community is looking for 101.7% annual earnings growth and 83.1% annual sales growth. Considering that earnings per share estimates have been revised higher recently, Medifast is likely to post even stronger results. Buy this Aggressive stock up to $152.

SOM Technicals:

1-26-19: Closed at 123.80. Trade pressures are up. Volumes are now bullish. In a long move down. Need a crossover of the 25×5 MA and the downtrend resistance line at 127.00 to see a new move up.

2-2-19: Closed at 124.09. Trade pressures are up. Volumes are now neutral. Trying to turn up and out of the long basing move.Resistance here.

2-8-19: Closed at 129.28. Trade pressures are up but declining. Volumes are bullish. In the new move up, but still below the 200 day MA.

2-16-19: Closed at 132.82. Trade pressures are up and trending. Volumes are neutral to bullish. Need a close above the 153 level to start a new long term move up.

 

Insperity, Inc.

Insperity, Inc. (NSP) is a repeat customer on the Top 3 Stocks list, and it’s no surprise as to why. As a quick refresher, Insperity offers full-service human resources solutions that range from health insurance options to payroll, accounting and benefits services to employee relations, workman’s comp and liability advice.

As with BG Staffing, Inc. (BGSF), NSP is set to benefit from the strong U.S. economy. This should be reflected in the company’s upcoming fourth-quarter results. The analyst community is looking for earnings of $0.65 per share, up 18.2% from the $0.55 per share earned last year. Revenues are expected to increase 16.1% year-over-year to $959.2 million.

Let me also say that NSP offers a modest 0.8% dividend yield, and has a 9.0% annual dividend growth rate. In addition, it’s maintained its strong dividend track record, rewarding shareholders for 55-consecutive quarters. With a good dividend history and potential for additional upside, buy this Moderately Aggressive stock up to $116.

SOM Technicals:

1-5-19: Closed at 92.56. Trade pressures are in the neutral zone. Volumes are now neutral. Tracking just below the 200 day MA in the downtrend.

1-12-19: Closed at 95.21. Trade pressures are up. Volumes are bullish. At the lows and below the 200 day MA. Need a close above 106.03 to get moving again.

1-19-18: Closed at 100.69. Trade pressures are up and extended. Volumes are bullish. Just above the 200 day MA. 106.30 would start a new move up.

1-26-19: Closed at 105.13. Trade pressures are up and extended. Volumes remain bullish. The next target up is 119.24.

2-2-19: Closed at 107.01. Trade pressures are up. Volumes are bullish. In the new move up. The next target up is 121.15.

2-8-19: Closed at 110.90. Trade pressures are up and trending. Volumes are bullish. The next target up is 130.26.

2-16-9: Closed at 129.74. Trade pressures are up but turning down. Volumes are bullish. The next target up is 137.44.