AI-Fueled Uptrend Lifts Top Growth Stocks Near Buy Points

A recent uptrend in stocks is driven by artificial intelligence (AI) growth and data centers. The relative strength lines of top five growth stocks near buy points are shifting higher or making new highs.

Robinhood Markets, a zero-fee stock and crypto trading app, surged 14.2% for the week after pushing above an aggressive buy point at $112.50. The company's AI strategy is integrating artificial intelligence into its products and services at a fast pace but isn't quite fully formed yet.

Cognex, a machine vision specialist, cleared a double-bottom buy point on Tuesday while pegging a new high. However, shares fell back below the entry on Thursday amid a broader tech sell-off. The company more than doubled earnings per share in the first quarter and is expected to return to over $1 billion in annual sales for the first time since 2022.

Dell Technologies, an AI server and storage play, consolidated after more than doubling in May on blowout earnings. A move above short-term highs would offer an early entry around $444.