IBD 50 Stocks: Data Center Leader Sterling Boasts Relative Strength In Volatile Market

Group 1 - Sterling Infrastructure (STRL) has shown resilience amid recent stock market weakness and is targeting a new buy point, making it a notable stock to monitor as the market recovers from previous losses [2][4] - The company has received an upgrade in its IBD Relative Strength Rating, climbing to 77, indicating improved price performance [4] - The stock is part of a broader industry group that is seeing several stocks near buy points, suggesting potential investment opportunities [4] Group 2 - The overall market is experiencing dips ahead of a jobs report, with specific focus on stocks like Broadcom, KKR, and STRL [4] - There is a notable surge in demand for AI-related stocks, with one stock seeing a 108% increase to its buy point as profits rise [4] - The engineering sector, particularly companies like Sterling Infrastructure, is attempting breakout strategies, indicating a positive outlook for the industry [4]