Are you looking to invest in the stock market and want to stay updated on the latest trends? Look no further than Extreme Investor Network. Today, we are keeping an eye on Costco stock as it approaches a new buy point, along with other top stocks making moves in the market.
In addition to Costco, the stocks to watch today include Sterling Infrastructure, Dycom, Fidelity National Information Services, Cintas, and Bandwidth. These stocks have all appeared on the RS Line Blue Dot list, an exclusive stock screen from IBD MarketSurge.
One standout is Sterling Infrastructure, which saw a 16% surge after reporting better-than-expected first-quarter results. Dycom also made a move, climbing 1.3% and surpassing a flat-base entry. Fidelity National showed promise but slipped below a buy trigger, while Cintas and Bandwidth continued their upward momentum.
As for Costco, the stock rallied 2% and is moving up the right side of a cup base. Keep an eye on the 787.08 buy point, but also watch for potential handle formation for a lower entry point. Despite missing revenue expectations, Costco saw growth in both comparable and online sales, with strong earnings and revenue performance.
Follow Scott Lehtonen on X (formerly Twitter) at @IBD_SLehtonen for more insights on growth stocks and the overall market. And don’t forget to check out our new exposure levels, top growth stocks, ETF market strategies, long-term investment opportunities, and market pattern recognition tools to help you make informed investment decisions.
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