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Apple (AAPL) and GE Aerospace (GE) headline five stocks to watch triggering buy signals.
Apple remained immune to the fallout from the recent tech sell-off. Data center builder Sterling Infrastructure (STRL) took a hit midweek, but surged Friday above an early entry and toward a breakout. Meanwhile, fellow builder Toll Brothers (TOL) is poised to reap the benefits of a rumored government initiative to build more houses.
GE shook off a slump that started last month, when its outlook for the year left investors lukewarm. On the other hand, Royal Caribbean's (RCL) 2026 guidance had the opposite effect on its stock. Shares soared after a bullish forecast that puts it on the cusp of a breakout.
Apple stock is actionable after regaining the 50-day line at the start of the week thanks to a 4% increase on Monday. Shares leapt 7.2% for the week to 278.12. The stock is currently in a cup base working toward a buy point of 288.62. However, investors could also consider the Jan. 2 intraday high of 277.84 as another early entry, which the stock topped on Friday.
This week's run-up in Apple's stock comes as the tech sector as a whole took a beating in the markets. But Apple's post-earnings rally seemed unaffected by the recent pullback in tech stocks.
On its most recent earnings call, Apple's numbers outperformed analyst expectations, while it provided strong guidance. Revenue rose 16% to $143.76 billion, the best gain in years. Earnings climbed 18%, the third straight quarter of accelerating growth.
Royal Caribbean is in a 23-week cup-with-handle base with a 351.57 buy point. The handle began forming on Jan. 29, after gapping up on earnings. On Friday, shares jumped 6.7% to 348, breaking the downtrend of the handle, offering an early entry.
The cruise line operator's Q4 earnings report was mixed, but investors hailed strong guidance for 2026. Royal Caribbean reported about two-thirds of this year's capacity was already booked.
Houston-based construction firm Sterling Infrastructure is nearing a buy point after rising 9.9% on Friday to 401.29. Shares are nearing a cup-base breakout from a 419.14 buy point.
Sterling made a name for itself building large-scale civil infrastructure projects like bridges and roads. However, in recent years its business has been driven by the tech sector's massive buildout of data centers across the country.
In its latest earnings, released in November, Sterling reported a 125% increase in revenue from data centers. The company's total tech backlog sits around $3 billion.
STRL tumbled nearly 7% on Wednesday, as many AI stocks were hammered, but held the 21-day line. On Friday, shares cleared the short-term high of 388.83, offering an early entry.
Home Builder Toll Brothers' stock is in a buy zone after a huge cup-with-handle base that stretches back to November 2024. Investors could view the handle as its own four-month base. The stock briefly topped the 149.79 buy point several times starting in mid-January, but finally closed above that level on Feb. 4. Shares rallied 6.1% to 153.28 for the week, rebounding from the 10-week line.
Toll Brothers, which specializes in luxury homes, has been somewhat insulated from middle-class affordability concerns. In the past week, Toll Brothers and many other housing-related stocks rallied on reports of a possible private-public plan to finance and build up to 1 million homes.
GE Aerospace stock is on track to have a new flat base within a few days, but is already triggering a buy signal. Shares jumped 5.1% to 321.96 on Friday, breaking the downtrend of the emerging consolidation. That also pushed shares above a prior base's 316.67 buy point, though that's no longer valid.
Shares tumbled well below the 50-day line on Jan. 22 after GE Aerospace forecast slowing revenue growth in 2026.
However, since then, shares have worked their way back.
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This article was first featured on Investor's Business Daily